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 $2,800 for three years. The investment costs $48,300 and has an estimated $10,500 salvage value. QS 24-8 Net present value LO P3 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 S1) (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.) Answer is not complete Cash Flow Annual cash flow Residual value Amount X 15.400 X 10,500X PV Factor 2.7233 0.8639 Select Chart Present Value of an Annuity of 1 Present Value of 1 Present value of cash inflows Immediate cash outflows Net present value OOOO Present Value $ 41,939 9,071 IS 51,010 48,300 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 9% return from its investments. Investment al ${400,000) Initial investment Expected net cash flows int Year 1 Year 2 Year 3 145,000 146,000 115,000 QS 24-11 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.) Answer is not complete. Cash Flow Present Value of 1 at 9% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value $ 145,000 146.000 115,000 $ 406,000 $ 0 400,000 (400.000) $ S