Required Information

Problem $26-2$A $($Algo$)$ Payback period, accounting rate of return, net present value, and net cash flow

calculation LO P$1,$ P$2,$ P$3$

$[$The following information applles to the questions displayed below.$]$

Project $Y$ requires a $$310,500$ investment for new machinery with a four$-$year life and no salvage value. The project yields

the following annual results. Cash flows occur evenly within each year. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$

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

Annual Amounts

Sales of new product

Expenses

Materials, labor, and overhead $($except depreciation$)$

Depreciation$-$Machinery

Selling, general, and administrative expenses

Income

Problem $26-2$A $($Algo$)$ Part $4$

Determine Project Y$\text{'}$s net present value using $9\%$ as the discount rate.

Note: Do not round Intermedlate calculations. Round your present value factor to $4$ decimals and final answers to the nearest

whole dollar.