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 $379,200 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. The company expe to sell 151,680 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 237,000 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 (30%) Net income 83,000 63,200 23,700 169,900 67,100 20,130 46,970 $ 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 $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: n = 6 i = 91% Select Chart Amount PV Factor Present Value Present Value of an Annuity of 1 $ 0 Present value of cash inflows Present value of cash outflows Net present value