Use the following information for the Quick Study below. [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 $2,500 for three years. The investment costs $48,300 and has an estimated $9,600 salvage value. QS 25-8 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.) X Answer is not complete. Cash Flow Select Chart Amount PV Factor Present Value Present Value of an Annuity of 1 $ 15,400 $ 0 Annual cash flow Residual value Present Value of 1 9,600 0 Present value of cash inflows Immediate cash outflows Net present value