Don't give answer in image format Required information[The following information applies to the questions displayed below]Falcon Crest Aces (FCA), Incorporated, is considering the purchase of a small plane to use in its wing-walkingdemonstrations and aerial tour business. Various information about the proposed investment follows:Initial investmentUseful lifeSalvage valueAnnual net income generatedFCA's cost of capitalAssume straight line depreciation method is used.Help FCA evaluate this project by calculating each of the following:$ 230,000Net Present Value10 years$ 25,000$ 5,20073Required:3. Net present value (NPV). (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.)Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Negative amount should beindicated by a minus sign. Round the final answer to nearest whole dollar.

Please note that the answer might slightly vary as the factor tables are not provided in the…

Required: 3. Net present value (NPV). (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Negative amount should indicated by a minus sign. Round the final answer to nearest whole dollar. Net Present Value