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Required [The following information applies to the questions displayed below.] Following is information on an investment in a manufacturing machine. The machine has zero salvage

Required [The following information applies to the questions displayed below.] Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 3% return from its investments. Initial investment Net cash flows: Year 1 Year 2 Year 3 $ (360,000) 135,000 108,000 75,000 ompute this machine's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables ovided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.) Net Cash Flow Present Value Factor Present Value of Net Cash Flows ear 1 $ 135,000 ear 2 108,000 ear 3 75,000 otals $ 318,000 $ 0 itial investment et present value $ 0

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