Peng Company is considering an investment expected to generate an average net income after taxes of $3,100 for three years. The investment costs $48,900 and has an estimated $10,500 salvage value. Assume Peng requires a 5% 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. Round your present value factor to 4 decimals.) Cash Flow Select Chart Annual cash flow Residual value Net present value Amount X PV Factor = Present Value $ 0 = 0