B$2$B 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 $$382,400$ with a $6-$year life and no salvage value. It will be depreciated on a straight$-$line basis. The company expects to sell $152,960$ units of the equipment$$s product each year. The expected annual income related to this equipment follows.

Sales $ $239,000$

Costs

Materials, labor, and overhead $($except depreciation on new equipment$)84,000$

Depreciation on new equipment $63,733$

Selling and administrative expenses $23,900$

Total costs and expenses $171,633$

Pretax income $67,367$

Income taxes $(40\%)26,947$

Net income $ $40,420$

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 $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided.$)$

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