Question: Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.) Following is information on

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

Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.) Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9% return from its investments, Initial investment $ (220,000) Net cash flows: Year 1 110,000 Year 2 142,000 Year 3 93,000 QS 24-19 (Algo) Net present value with unequal cash flows LO P3 Computer this machine's net present value. (Py of S1, FV of $1. PVA of S1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round alt present value factors to 4 decimal places. Round present value amounts to the nearest dollar) Not Cash Flow Present Value Factor 0.0900 Present Value of Net Cash Flows $ Year 1 Year 2 Year 3 Totals Initial investment Net present value 110,000 142.000 93,000 345,000 $ $ 0 $ 0

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