Question: I'm missing something on this problem, I need help thank you in advance! Return to c S Required Information Part 1 of 4 [The following
I'm missing something on this problem, I need help thank you in advance!

Return to c S Required Information Part 1 of 4 [The following information applies to the questions displayed below] Project Y requires a $350,000 Investment for new machinery with a four-year life and no salvage value. The 25 project yields the following annual results. Cash flows occur evenly within each year. (PV of $1, FV of $1, points PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Annual Amounts Project Y Sales of new product $ 350,080 Expenses Materials, labor, and overhead (except depreciation) 157, 508 Depreciation-Machinery 87, 500 Selling, general, and administrative expenses 49, 080 Income $ 56, 800 Required: 1. Compute project Y's annual net cash flows. * Answer is not complete. Annual amounts Income Cash Flow Sales of new product 350,000 $ 350,000 Expenses Materials, labor, and overhead (except depreciation) 157,500 Depreciation-Machinery 37,500 Selling, general, and administrative expenses 19.000 Income $ 56,000 Net cash flow $ 350,000
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