328 Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $376,000 and has a 10-year life and no salvage value. 828 Company requires at least an 8% 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 factor(s) from the tables provided.) Sales of new product $ 235,000 Expenses Materials, labor. and overhead (except depreciation) 82,000 DepreciationEquipment 37,600 Selling, general, and administrative expenses 23,500 Income $ 91,900 (a) Compute the net present value of this investment. (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs 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.) .-= I_ _ Net present value Required B > 328 Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $376,000 and has a 10-year life and no salvage value. BZB Company requires at least an 8% 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 factor(s) from the tables provided.) Sales of new product $ 235,000 Expenses Materials, labor. and overhead (except depreciation) 82.000 DepreciationEquipment 37,600 Selling, general, and administrative expenses 23.500 Income $ 91.900 (a) Compute the net present value of this investment. (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs below. Should the investment be accepted or rejected on the basis of net present value? Should the investment be accepted or rejected on the basis of net present value