! 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 $2,100 for three years. The investment costs $58,200 and has an estimated $8700 salvage value QS 24-7 Computation of accounting rate of return LO P2 Compute the accounting rate of return for this investment assume the company uses straight-line depreciation Accounting Rate of Return Choose Denominator: Choose Numarator Accounting Rate of Return Accounting rate of return 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 $2,100 for three years. The investment costs $58,200 and has an estimated $8,700 salvage value QS 24-8 Net present value LO P3 Assume Peng requires a 5% 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 S1, and EVA 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 PV Factor Present Value Cash Flow Annual cash flow Residual value Net present value