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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

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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 9% return from its investments. Investment A1 Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 $(220,000) 160,000 102,000 113,000 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $20,500. 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.)

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