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. Initial investment $ (360,000) Net cash flows: Year 1 Year 2 Year 3 175,000 116,000 99,000 Assume that instead of a zero salvage value, as shown above, the machine has a salvage value of $34,500 at the end of its three-year life. Compute the machine's net present value (PV of $1. EV of $1. PVA of $1, and EVA of S1) (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) Net Cash Flows Present Value Factor Present Value of Net Cash Flows Year 1 Year 2 $ 175.000 116,000 0.8900 103,240 Year 31 99,000 Year 3 salvage value Totals 34,500 $ 424,500 $ 103,240 Initial investment) Net present value $ 103,240