Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: Initial investment Useful life. Salvage value Annual net income generated FCA's cost of capital $ 210,000 10 years. Assume straight line depreciation method is used. $ 20,000 $ 4,800 71 Help FCA evaluate this project by calculating each of the following: Required: 3. Net present value (NPV). (Euture Value of $1. Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar. Net Present Value Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business. Various information about the proposed investment follows: Initial investment Useful life Salvage value Annual net income generated FCA's cost of capital $ 210,000 Assume straight line depreciation method is used. 10 years $ 20,000 $ 4,800 78 Help FCA evaluate this project by calculating each of the following: Required: 4. Recalculate FCA's NPV assuming the cost of capital is 3 percent. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1) Note: Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount. Net Present Value