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 $3,100 for three years. The investment costs $58,200 and has an estimated $10,500 salvage value. Assume Peng requires a 10% 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.) Cash Flow Select Chart Amount Annual cash flow Present Value of an Annuity of 1 PV Factor = Present Value |= $ 0 Residual value Present Value of 1 Present value of cash inflows = 0 Immediate cash outflows Net present value