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 $2,900 for three years. The investment costs $46,800 and has an estimated $9,900 salvage value. QS 24-8 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 S1, 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.) PV Factor Amount Select Chart Present Value $ 0 Cash Flow Annual cash flow Residual value 0 Net present value