Required information

[The following information applies to the questions displayed below.] Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 6% return from its investments.

	Investment A1
Initial investment	$	(310,000	)
Expected net cash flows in year:
1		105,000
2		96,000
3		118,000

rev: 04_22_2019_QC_CS-166744

Compute this investments net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.