(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 $2,800 for three years. The investment costs $53,400 and has an estimated $9,900 selvage value 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 or $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.) Amount PV Factor Cash Flow Annual cash flow Residual value Present Value $ 0 0 9,900 Select Chart Present Value of an Annuity of 1 Present Value of 1 Present value of cash inflows Immediate cash outflows Net present value 53,400