apital Budgeting Assignment Saved B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $376.000 and has a 8-year life and no salvage value. B2B Company requires at least an 8% return on this investment. The expected annual income for each year from this equipment follows: (PV of si. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Sales of new product $ 235,800 Expenses Materials, labor, and overhead (except depreciation) Depreciation-Equipment 47,800 Selling, general, and administrative expenses 23,500 Income $ 82,500 (a) Compute the net present value of this investment (b) Should the investment be accepted or rejected on the basis of net present value? 82,880 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.) Annual Net Cash Flows x Present Value of Annuity at Present Value of Net Cash Flows 8% $ 129,500 x 5.5348 = $ 716.757 Years 1 through 8 Present value of cash inflows Net present value