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Required information [The following information applies to the questions displayed below] Falcon Crest Aces (FCA), Incorporated, 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), Incorporated, 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 1ite Salvage value Nnnoal net income generated ren's coot of eapital $180,000 10 year = $20,000 $4,200 6t Assume straight line depreciation method is used. Help FCA evaluate this project by calculating each of the following: Required: 4. Recalculate FCAs NPV assuming the cost of capital is 3 percent. (Future Value of \$1. Present Value of \$1. Euture Value Annuity. of \$1. Present Volue Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount. Net Prosan Vave

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