! Required Information Use the following information for the Quick Study below. [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 $2,200 for three years. The investment costs $58,800 and has an estimated $11,700 salvage value. QS 11-8 Net present value LO P3 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 $1, 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