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11 9.1 points 01:39:14 ! Required information [The following information applies to the questions displayed below.] Peng Company is considering an investment expected to

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11 9.1 points 01:39:14 ! 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 $2,100 for three years. The investment costs $56,100 and has an estimated $10,500 salvage value. Assume Peng requires a 10% 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 FVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.) Cash Flow Annual cash flow Residual value Select Chart Net present value Amount x PV Factor = Present Value

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