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Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below] Peng Company is considering

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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 $2,000 for three years. The investment costs $52,800 and has an estimated $10,200 salvage value. QS 24-8 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. EV of $1, PVA of $1. 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.) Cash Flow Annual cash flow Residual value Select Chart Present Value of an Annuity of 1 Present Value of 1 Present value of cash inflows Immediate cash outflows Net present value Amount PV Factor Present Value $

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