82 Co is considering the purchase of equpment that would low the company to add a new product to istine. The equipment is expected to cost $300 1100 with all year Me and no savage at will be depreciated on a straight line basis The company expects to sell 152.320 units of the equipment's product each year. The expected annual income related to this equipment follow $ 238.000 Sales Costs Materials, labor and overhead (except depreciation on new equipment) Depreciation on woment Seiling and administrative expenses Total costs and expenses Protax income Income taxes on Net income 33 000 47600 23.500 154400 83600 25 000 58520 $ If at least an 9. rum on this investment must be eamed compute the net present value of the investment By SEVESI. BA1and 1) (Use appropriate actors) from the tables provided) Chart Values Bando 78520 106 120 Amount Select Chan PV Factor Present Valle 135 340 Net presenta