Factor Company is planning to add a new product to its line. To manufacture this product. the company needs to buy a new machine at a SSIS.OOO cost with an expected four-'year life and S19.OOO salvage va'ue_ All sa'es are for cash. and costs are out-of-pocket. except for depreciation on the new machine. Additional information includes the following. IELg_tAI. FV of SI PVA of and of (use approprlate factor(s) from the tables provlded.) 460 , egg 638, egg "8, eag 180, egg straight-lir* for each of this Requid 2 voduct 31,860, egg nua1 costs of Direct d (excluding straight-line selling and Regulred: depreciation o I. Compute straight-line depreciation for each year cfthis new machine's life. 2. Determine expected net income and net cash flow for each year of this machine's life. 3. Compute this machine's payback period. assuming that cash flows occur evenly throughout each year. 4. Compute this machine's accounting rate of return. assuming that income is earned evens throughout each year. 5. Compute the net present value for this machine using discount rate of and assuming that cash flows occur at each year-end. (Hint Salvage value is a cash inflow at the end of the asset's life.) Cmplete this by Required 2 Required 3 Required m tabs Required 5