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 $2,600 for three years. The investment costs $58,800 and has an estimated $11,700 salvage value. QS 25-8 Net present value LO P3 Assume Peng requires a 10% 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.) Cash Flow Select Chart Amount x PV Factor Annual cash flow Residual value Present Value $ 0 0 = Net present value