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Read carefully, thank you! REYuleu MIUITTIGLIONI 21 Use the following information for the Quick Study below. (The following information applies to the questions displayed below.]

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Read carefully, thank you!

REYuleu MIUITTIGLIONI 21 Use the following information for the Quick Study below. (The following information applies to the questions displayed below.] Peng Company is considering an investment expected to generate an average net income after taxes of $1,950 for three years. The investment costs 545,000 and has an estimated $6,000 salvage value. 2.63 points QS 24-8 Net present value LO P3 Assume Peng requires a 15% 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.) Answer is not complete. Cash Flow Select Chart Amount PV Factor Present Value = IS 0 Annual cash flow Residual value X = 0 Present Value of 1 Present Value of an Annuity of 1 Immediate cash outflows Present value of cash inflows Net present value X X

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