A company is considering the purchase of equipment that would allow the company to add a new product toits line. The equipment is expected to cost $382,400 with a 12-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 152,960 units of the equipment's product each year. The expected annual income related to this equipment follows:

$ 239,000 Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (209) Net income 84,000 31,867 23,900 139,767 99,233 19,847 79,386 $ If at least an 8% return on this investment must be earned, compute the net present value of this investment. (PV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 5 If at least an 8% return on this investment must be earned, compute the net present value of this investment. (PV of $1. EV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount X PV Factor - Present Value Net present value