323 Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $372,800 and has a 10year life and no salvage value. 823 Company requires at least an 10% return on this investment. The expected annual income for each year from this equipment follows: [PV of $1, FV of $1, PVA of $1, and FVA of $1] (Use appropriate factorial from the tables provided.) Sales of new product $ 233,860 Expenses MaterialsJ labor, and overhead (except depreciation) 82,860 DepreciationEquipment 3?,286 SellingJI general, and administrative expenses 23,308 Income 5 993429 [a] Compute the net present value of this investment. lb} Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the labs below. Required A Required B Compute the net present value of this investment. (Round your present value factor to 4 decimals and other nal answers to the nearest whole dollar.) Compute the net present value of this investment. {Round your present value factor to 4 decimals and other nal answers to the nearest Iwhole dollar.) Net present value