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 $377600 with a 8-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 151,040 units of the equipment's product each year. The expected annual income related to this equipment follows Sales $ 236,88 Costs Materials, labor, and overhead (except depreciation on new equspment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses 83,800 47,280 23,600 153,880 Pretax income 82,280 32,880 Income taxes (483) Net income $ 49,328 If at least an 8% return on this investment must be earned, compute the net present value of this investment eeost Betst RAof $1 and EVA of S) (Use appropriate factor(s) from the tables provided.) Amountx PV FactorPresent Value Select Chart Net present value