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Quail Company is considering buying a food truck that will yield net cash inflows of $11.400 per year for seven years. The truck costs $50,000

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Quail Company is considering buying a food truck that will yield net cash inflows of $11.400 per year for seven years. The truck costs $50,000 and has an estimated $6,400 salvage value at the end of the seventh year. (PV of $1. FV of 1. PVA of S1, and FVA of 51) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 8% return? Chart Values are Based on: % Cash Flow Select Chart Amount x PV Factor Present Value Annual cash flow Additional cash flow $ 0 0 Not present value

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