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 $ (340,000) Initial investment Net cash flows: Year 1 Year 2 Year 3 175,000 128,000 89,000 QS 24-20 (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 $22.500 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 EVA 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) Year 1 Year 2 Year 3 Year 3 salvage value Totals Initial investment Net present value Cash Flow $ 175,000 128,000 89,000 22,500 414,500 $ Present Alue Factor 0.9174 0.8417 0.7722 $ $ $ Present Value 160,545 107,738 68,726 337,009 (340,000) (2,991)