Peng Company is considering an investment expected to generate an average net income after taxes of $2,000 for three years. The investment costs $55,800 and has an estimated $7,200 salvage value. Assume Peng requires a 10% 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.) Cash Flow Annual cash flow Residual value Select Chart Present Value of an Annuity of 1 (Present Value of 1 Present value of cash inflows Immediate cash outflows Net present value ount * PV Factor - Present Value x 4.3600 - $ 2 55,800 * 0.5600 31248 3.288 274,636