Bb Blackboard Learn X BIOL 1111 Lab- Spring 2023 - A X M Question 8 - Present Value Met X Course Hero x C Yokam Company is considering X + CD ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASSBKE... ( * 0 Update : Bookmarks Banner Web Login... Bb WGTC - Blackboa... ]Course Home Login to Your Cou.. Course Materials |... M Gmail Other Bookmarks Present Value Methods - Algorithmic i Saved Help Save & Exit Submit Check my work O Required information Part 2 of 2 Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] 11.11 Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company points requires a 6% return from its investments. Initial investment $ (260, 000) Net cash flows: Year 1 115 , 000 Book Year 2 146, 000 Year 3 77, 000 Hint QS 26-20 (Algo) Net present value with uneven cash flows and salvage value LO P3 Print Assume that instead of a zero salvage value, as shown above, the machine has a salvage value of $34,500 at the end of its three-year life. Compute the machine's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value References amounts to the nearest dollar. Net Cash Present Value Present Value of Net Flows Factor Cash Flows Year 1 Year 2 Year 3 Year 3 salvage value Totals Initial investment Net present value Mc Graw