Required information [The following information applies to the questions displayed below.] Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 6% return from its investments. $ (310,000) Initial investment Net cash flows: Year 1 Year 2 Year 3 125,000 114,000 107,000 Assume that instead of a zero salvage value, as shown above, the machine has a salvage value of $32,000 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 FVA 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.) Cash Flow Present Value Factor Present Value $ Year 1 Year 2 0.9434 $ 0.8899 117,925 101,460 Year 3 125,000 114,000 107,000 32,000 378,000 Year 3 salvage value Totals $ $ Initial investment Net present value 219,385 310,000 (90,615) $