Lesson 12 HW (Graded) Saved 1 Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $256,500. Project 2 requires an initial investment of $174,000. 10 points Project 1 $ 160,000 Project 2 $ 140,000 Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation - Machinery Selling, general, and administrative expenses Income 80,000 35,000 23,000 $ 22,000 47,000 33,000 35,000 $ 25,000 eBook (a) Compute each project's annual net cash flows. (b) Compute payback period for each investment. Print Complete this question by entering your answers in the tabs below. References Required A Required B Compute each project's annual net cash flows. Expected Net Cash Flow - Project 1 Net cash flow Expected Net Cash Flow - Project 2 Net cash flow Lesson 12 HW (Graded) Saved 1 Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $256,500. Project 2 requires an initial investment of $174,000. 10 points Project 1 $ 160,000 Project 2 $ 140,000 Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation Machinery Selling, general, and administrative expenses Income 80,000 35,000 23,000 $ 22,000 47,000 33,000 35,000 $ 25,000 eBook (a) Compute each project's annual net cash flows. (b) Compute payback period for each investment. Print Complete this question by entering your answers in the tabs below. References Required A Required B Compute payback period for each investment. Payback Period Denominator: Numerator: 1 = Payback period Project 1 Project 2