B2B 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 $380,800 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 152,320 units of the equipment's product each year. The expected annual Income related to this equipment follows. points $ 238,000 eBook 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 (20%) Net income 83,000 63,467 23,800 17e. 267 67,733 13,547 54,186 Hint $ Print 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.) Chart Values are Based on: Amount x PV Factor = Present Value Select Chart Present Value of an Annuity of 1 Present value of cash inflows Present value of cash outflows Net present value