Question: Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below] Peng Company is considering

Required information Use the following information for the Quick Study below. The

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 $2,000 for three years. The investment costs $52,800 and has an estimated $10,200 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. EV of $1, PVA of $1. and EVA 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.) 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 PV Factor Present Value $

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