Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) 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. Initial investment Expected net cash flows in year: Investment Al $ (360,000) 110,000 148,000 118,500 QS 11-11 Net present value LO P3 Compute this investment's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Cash Flow Present Value of 1 at 6% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value $ 110,000 148,000 118,000 $ 376,000 (360,000) (360,000) $ Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $31,500. Compute the investment's net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Cash Flow Present Value Pr of 1 at 6% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value $