Required information 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 A1 $(280,000) Initial Investment Expected net cash flows in: Year 1 Year 2 Vear 190,000 110,000 91,000 QS 24-11 Net present value LO P3 Compute this investment's net present value (ex of 1. EVOLS1. PVA of S1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Cash Flow Present Value of 1 at 9% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value 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% retum from its investments. Investment Al $(280,000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 9 198,000 110,000 91,000 QS 24-12 Net present value, with salvage value LO P3 Assume that instead of a zero salvage value, as shown above, the investment has a salvage value of $28,500 Compute the Investment's net present value. (PV of S1. EV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Present Value of 1 Cash Flow Present Value at 9% Year 1 Year 2 Year 3 Totals Amount invested Net present value