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 $52,800 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 $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.) Select Chart PV Factor Cash Flow Amount Present Value Present Value of an Annuity Annual cash $ 0 flow of 1 Present Value of 1 Residual value 0 = Present value of cash inflows Immediate cash outflows Net present value If Quail Company invests $48,000 today, it can expect to receive $13,200 at the end of each year for the next seven years, plus an extra $6,900 at the end of the seventh year. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Enter negative net present values, if any, as negative values. Round your present value factor to 4 decimals.) What is the net present value of this investment assuming a required 8% return on investments? Chart Values are Based on: n = j = Present Value Cash Flow Select Chart Amount X PV Factor Annual cash 0 flow Residual value 0 Net present value