xinity H Cold War HistoryHNetflix Required information (The following information applies to the questions displayed below Most Company has an opportunity to invest in one of two new projects. Project Y requires a $330,000 Investment for new machinery with a four-year life and no salvage value. Project Z requires a $330,000 Investment for new machinery with a three-year life and no salvage value. The two projects yleld the following predicted annual results. The company uses straight-line depreclation, and cash flows occur evenly throughout each year. (PV of $1. FV of $1. PVA of $1, and FVA of $ ) (Use appropriate factor(s) from the tables provided.) 400,000 $320,000 Direet naterial Direet labor Overhead including depreelation Selling and 56,000 40,000 80.00048,000 44,000144,000 -29.000 29.000 09,000 261,000 1,000 59,000 -0240 20,060 60,060 38,940 Total expensen Pretax i neonc taxes (34%) 1. Compute each project's annual expected net cash flows 8 0