B26 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 6-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 $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Sales of new product $ 235,080 Expenses Materials, labor, and overhead (except depreciation) 82, 080 Depreciation-Equipment 62, 667 Selling, general, and administrative expenses 23, 580 Income $ 66, 833 (a) Compute the net present value of this investment. (b) Should the investment be accepted or rejected on the basis of net present value? 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.) Present Present Value Annual Net Cash Value of Annuity at of Net Cash Flows Flows 8% Years 1 through 6 = Net present value B28 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 6-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 $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Sales of new product $ 235, 080 Expenses Materials, labor, and overhead (except depreciation) 82,080 Depreciation-Equipment 62, 667 Selling, general, and administrative expenses 23, 589 Income $ 66,833 (a) Compute the net present value of this investment. (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs below. Required A Required B Should the investment be accepted or rejected on the basis of net present value? Should the investment be accepted or rejected on the basis of net present value?