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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

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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 $3,300 for three years. The investment costs $54,600 and has an estimated $11,100 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 S1, and EVA 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.) Select Chart Amount PV Factor Present Value $ 0 Cash Flow Annual cash flow Residual value 0 Net present value

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