Requlred Information

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Following is information on an investment considered by Hudson Co$.$ The investment has zero salvage value. The

company requires a $6\%$ return from its investments.

Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $$33,000.$ Compute the

investment's net present value. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use approprlate factor$($s$)$ from the tables provided.

Round all present value factors to $4$ declmal places.$)$