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828 Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs

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828 Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $382,400 and has a 12-year life and no salvage value. 828 Company requires at least an 10% return on this investment. The expected annual income for each year from this equipment follows: Yof $1. Eof St EVA of St. and EVA.of.5) (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 $239,000 34,000 31,867 23,900 $99,233 (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 final answers to the nearest whole dollar) Chart Values are flesod on Select Chart Not present value Amount PV Factor Present Value Required>

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