Problem $24-1$A $($Algo$)$ Payback period, net present value, and net cash flow calculation LO Compute this machine's payback perlod, assuming that cash flows occur evenly throughout each year.

Compute net present value for this machine using a discount rate of $6\%.$

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. Compute net present value for this machine using a discount rate of $6\%.$

Complete this question by entering your answers in the tabs below.

Required $1$

Compute net present value for this machine using a discount rate of $6\%.$

Note: Do not round intermediate calculations. Negative amounts should be entered with a minus sign. Round your present

value factor to $4$ decimals and final answers to the nearest whole dollar.

P$1,$ P$3$

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 $$483,000$ cost with an expected four$-$year life and a $$20,000$ salvage value. Additional

annual information for this new product line follows. $($PV of $$1.$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use approprlate factor$($s$)$ from the tables provided.ExpensesDepreciation$-$Machinery

$1,473,000$

Selling, general, and administrative expensesRequired:

Determine income and net cash flow for each year of this machine's life.

Compute this machine's payback perlod, assuming that cash flows occur evenly throughout each year.

Compute net present value for this machine using a discount rate of $6\%.$

Complete this question by entering your answers in the tabs below.

Required $1$

Determine income and net cash flow for each year of this machine's life.