I only need help on "Required 3"

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 $499.000 cost with an expected four-year life and a $10,000 salvage value. Additional annual information for this new product line follows. (PV of \$1. EV of \$1. PVA of S1, and EVA of \$1) (Use appropriote factor(s) from the tables provided.) Required: 1. Determine income and net cash flow for each year of this machine's life. 2. Compute this machine's poyback period, assuming that cash flows occur evenly throughout each year 3. Compute net present value for this machine using a discount rate of 7%. (8) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Determine income and net cash flow for each year of this machine's life. 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 $499,000 cost with an expected four-year life and a $10,000 salvage value. Additional annual information for this new product line follows. (PV of \$1. EV of S1, PVA of S1, and EVA of S1) (Use appropriate foctor(s) from the tables provided.) Required: 1. Determine income and net cash flow for each year of this machine's life. 2. Compute this machine's payback period, assuming that cash flows occur evenly throughout each year. 3. Compute net present value for this machine using a discount rate of 7%. Complete this question by entering your answers in the tabs below. Determine income and net cash flow for each year of this machine's life. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute this machine's payback period, assuming that cash flows occur evenly throughout each year. Complete this question by entering your answers in the tabs below. Compute net present value for this machine using a discount rate of 7%. Do not round intermediate caiculatior amounts should be entered with a minus sign. Round your present value factor to 4 decimals and final answers whole dollarj Complete this question by entering your answers in the tabs below. Compute net present value for this machine using a discount rate of 7%. (Do not round intermediate calculations. Negative amounts thould be entered with a minus sign. Round your present value factor to 4 decimals and final answers to the noarest whole dollar.)