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82B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected

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82B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $379 200 with a 4-year life and no salvage value. It will be depreciated on a straight-line basis B2B Co concludes that it must earn at least a 10% return on this investment. The company expects to sell 151,680 units of the equipment's product each year. The expected annual income related to this equipment follows. (PN of $1. FV of $1 PVA of $1, and FVA of $1)(Use appropriate factor(s) from the tables provided.) Sales Costs $237,000 Materials, labor, and overhead (except depreciation) Depreciation on new equipment Selling and administrative expenses 83,000 94.800 23,700 Total costs and expenses 201,500 Pretax income income taxes (30%) 35,500 10,650 Net income 24,850 Compute the net present value of this investment (Round "PV Factor" to 4 decimal places. Round your intermediate calculations and final answer to the nearest dollar amount are based lect chart Amount x Table factor Present Value Net present value

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