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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 $3,000 for three years. The investment costs $54,000 and has an estimated $10,200 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 S1, 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.) Select Chart Amount X PV Factor Present Value Cash Flow Annual cash flow Residual value Net present value

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