Required information 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 $1,950 for three years. The investment costs 545,000 and has an estimated $6,000 salvage value. QS 24-8 Net present value LO P3 Assume Peng requires a 15% 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. Round your present value factor to 4 decimals.) Amount x PV Factor = Present Value $ 30,050 x S 0 S 6,000 x 0 Cash Flow Select Chart Annual cash flow Present Value of an Annuity of 1 Residual value Present Value of 1 Present value of cash inflows Immediate cash outflows Net present value