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 $377600 with a 10-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 151,040 units of the equipment's product each year. The expected annual income related to this equipment follows. 5 236,000 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 (3 ) Net income 83,000 37,760 23,600 144,360 91.640 27,492 64.14 $ If at least an 10% return on this investment must be earned, compute the net present value of this investment (PV of $1. EV of $1. PVA of $1. and EVA of 5) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount x PV Factor = = Present Value $ Net present value