Required information Problem 24-2A (Algo) Payback period, accounting rate of return, net present value, and...

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Required information Problem 24-2A (Algo) Payback period, accounting rate of return, net present value, and net cash flow calculation LO P1, P2, P3 {The following information applies to the questions displayed below.) Project Y requires a $316,500 investment for new machinery with a four-year life and no salvage value. The project yields the following annual results. Cash flows occur evenly within each year. (PV of $1. FV of $1. PVA of $1, and FVA of $1 (Use appropriate factor(s) from the tables provided.) Annual Amounta Project Sales of new product $. 385,000 Expenses Materiala, labor, and overhead (except depreciation) 172, 480 Depreciation Machinery 79,125 Selling, general, and administrative expenses 28,000 $ 105,395 Income Required: 1. Compute Project Y's annual net cash flows. Expected Income Revenues Expenses Expected Net Cash Flow Net cash flow

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