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Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 9% return from its investments.

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Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 9% return from its investments. Initial investment Expected net cash flows in Year 1 Year 2 Year 3 Investment A1 $(310,000) 135,000 114,000 89,000 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $30,000 Compute the investment'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.) Cash Flow Present Value of 1 at 9% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value

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