Required information [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 $2,800 for three years. The investment costs $52,500 and has an estimated $8,700 salvage value. 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.) Amount PV Factor Present Value Cash Flow Annual cash flow Residual value $ 0 Select Chart Present Value of an Annuity of 1 Present Value of 1 Present value of cash inflows $ 8,700 x 0.8696 = 7,566 Immediate cash outflows Net present value