B$2$B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $$368,000$ and has a $8-$year life and no salvage value. B$2$B Company requires at least an $8\%$ return on this investment. The expected annual income for each year from this equipment followsSales of new product$ $230,000$ExpensesMaterials, labor, and overhead $($except depreciation$)81,000$DepreciationEquipment$46,000$Selling, general, and administrative expenses$23,000$Income

Required $A$

Required $B$

Compute the net present value of this investment.

Note: Round your present value factor to $4$ decimals and other final answers to the nearest whole dollar.

$\backslash$table$[[,\backslash$table$[[$Annual Net Cash$],[$Flows$]],\{$fccd$91$ef$9-0$a$0$c$-46$c$7-$bcac$-$b$3$c$6$a$3$dab$817\}$

$\backslash$table$[[$Present$],[$Value of$],[$Annuity at$],[10\%$