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828 Co. is considering the purchase of equipment that wou to allow the company to add a new product to me. The equipment is

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828 Co. is considering the purchase of equipment that wou to allow the company to add a new product to me. The equipment is expected to past $380,000 with a 4-year life and no salvage value. It will be depredated on a straight-line basis. The company expects to sell 158,600 units of the equipment's product each year the expected annual income related to this equipment follows Labar and overhead (except depreciation on new equipment Jon of Hem equipment adnanistrative expenses alexpenses es (20) $240.000 $28,800 heast an 9% return on this investment must be garned, compute the net present value of this Investment. (PV of $1 FV of SPVA Use appropriate factor(s) from the tables provided istere Poned 9% Arepust Presenta an Annuity of 1

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