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 $58,800 and has an estimated $6,900 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 $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.) Cash Flow Annual cash flow Present Value of an Annuity of 1 Residual value Present Value of 1 Select Chart Amount x PV FactorPresent Value 075131=1 $ Present value of cash inflows Immediate cash outflows Net present value