[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 $2,700 for three years. The investment costs $54,600 and has an estimated $6,300 salvage value. QS 24-8 Net present value LO P3 Assume Peng requires a 5% 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. Round your present value factor to 4 decimals.) Cash Flow Select Chart Amount PV Factor Present Value Annual cash flow = $ 0 Residual value = 0 Net present value