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 $376,000 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. B2B Co. concludes that it must earn at least a 9% return on this investment. The company expects to sell 150,400 units of the equipments product each year. The expected annual income related to this equipment follows. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Sales	$	235,000
Costs
Materials, labor, and overhead (except depreciation)		82,000
Depreciation on new equipment		62,667
Selling and administrative expenses		23,500
Total costs and expenses		168,167
Pretax income		66,833
Income taxes (40%)		26,733
Net income	$	40,100

Compute the net present value of this investment. (Round "PV Factor" to 4 decimal places. Round your intermediate calculations and final answer to the nearest dollar amount.)