B2B Co. is considering the purchase of equipment that would allow the company to add an Office The equipment is expected to cost $379,200 with a 12-year life and no salvage value. It will be depreciate Has access to this site is. The company expects 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 31.600 23,700 138,300 98,700 29,610 $ 69,090 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: Select Chart Amount x PV Factor = Present Value Net present value