Ch 26: Homework Saved Help Save & Exit Submit Check my work 9 ! Required Information Part 1 of 2 Use the following information for the Quick Study below. (Algo) [The following Information applies to the questions displayed below.] 1.56 points Following is Information on an Investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9% return from Its Investments. $ 290,000) Initial investment Net cash flows: Year 1 Year 2 Year 3 eBook 145,000 136,000 91,000 100 Hint QS 26-19 (Algo) Net present value with unequal cash flows LO P3 Print Compute this machine's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use approprlate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.) References Present Value Factor Present Value of Net Cash Flows Year 1 Year 2 Year 3 Net Cash Flow s 140,000 136,000 91,000 $ Totals 367.000 $ 0 Initial investment Net present value $ 0 Required Information Use the following Information for the Quick Study below. (Algo) (The following information applies to the questions displayed below.] Following is Information on an Investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9% return from its Investments. $ (290,000) Initial investment Net cash flows: Year 1 Year 2 Year 3 145,000 136,000 91,000 QS 26-20 (Algo) Net present value with uneven cash flows and salvage value LO P3 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) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.) Cash Flow Present Value Factor Present Value Year 1 Year 2 Year 3 Year 3 salvage value Totals Initial investment Net present value