6. 11-62 Wilson Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income of $53,000. The equipment with have an initiat cost of $831,000, an 8-year usefut tife, and an estimated salvage value of $63,000. If the company'a cost of capital is 11%, what is the approximate net present value? Note: Use the appropriate factors from the PV tables below. A. $568,000 B. Less than zero C. $34,452 D. $63,000 E. None of the above