x Required Information [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 $2,200 for three years. The investment costs $47,400 and has an estimated $7,800 salvage value 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 $3 (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.) ces Cash Flow Annual cash flow Residual value Select Chart Present Value of an Annuity of 1 Present Value of 1 Present value of cash inflows Immediate cash outflows Net present value Amount X PV Factor $ 15,400 x Present Value