B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its fine. The equipment is expected to cost $382,400 with a 8 year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 152,960 units of the equipment's product each year. The expected annual income related to this equipment follows $ 239,90 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 (38) Net in 84, 47. 23, 155.ee 83.300 24.99 58.31 If at least an 9% return on this investment must be eamed, compute the net present value of this investment (PV of $1. FV of $1. PVA of $1. and FVA of $(Use appropriate factor(s) from the tables provided.) Chart Values are Based on: Select Chart I Amount PVFactor - Present Value Present Value of an Annuity of 1 TS Presentave of c ows Present value of cash outlows Net present value