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Required information The following information applies to the questions displayed below.) Falcon Crest Aces (FCA), Inc. is considering the purchase of a small plane to

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Required information The following information applies to the questions displayed below.) Falcon Crest Aces (FCA), Inc. is considering the purchase of a small plane to use in its wing-walking demonstrations and aerial tour business, Various information about the proposed investment follows: Initial Investment Useful life Salvage value Annual net income generated FCA' cost of capital $ 150,000 10 years 20,000 $ 3.600 100 Assume straight line depreciation method is used. 3. Help FCA evaluate this project by calculating each of the following: Net present value (NPV). (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round the final answer to nearest whole dollar.) Net Present Value

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