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0 Required information The following information applies to the questions displayed below.) Peng Company is considering an investment expected to generate an average net income

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0 Required information The following information applies to the questions displayed below.) Peng Company is considering an investment expected to generate an average net income after taxes of $2,300 for three years. The investment costs $50,700 and has an estimated $7,500 salvage value. Assume Peng requires a 15% return on its investments. Compute the net present value of this investment. Assume the company uses straight line depreciation. (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Amount Select Chart Present Value PV Factor Cash Flow Annual cash flow Residual value Net present value

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