5 B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line The equipment costs 379 200 and has a 12 year life and no salvage value B2B Company requires at least an 9 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 Note Use appropriate factor s from the tables provided Sales of new product Expenses Materials labor and overhead except depreciation Depreciation Equipment Selling general and administrative expenses Income 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 Note Round your present value factor to 4 decimals and other final answers to the nearest whole dollar Years 1 through 12 Annual Net Cash Flows X 130 300 x Present Value of Annuity at 9 237 000 83 000 31 600 23 700 98 700 7 5361 Present Value of Net Cash Flows 981 954 my work