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. The company expects to sell 151,680 units of the equipment's product each year. The expected annual income related to this equipment follows. Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and adninistrative expenses Total costs and expenses $ 237,000 83,000 94,800 23,700 201,500 Pretax income 35,500 Income taxes (20%) 7,100 Net income $ 28,400 If at least an 9% return on this investment must be earned, compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: n w Select Chart Amount PV Factor Present Value 0 Net present value