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Required information [The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has zero

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Required information [The following information applies to the questions displayed below.) Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 3% return from its investments. Investment A1 $(320,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 185,000 186,000 77,000 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $34,500. Compute the investment's net present value. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Cash Flow Prosent Value of 1 at 3% Present Value $ 0.9709 Year 1 Year 2 185,000 106,000 77,000 368,000 Year 3 Totals $ $ 0 Amount invested Net present value $ 0

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