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 $372,800 with a 8-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 149120 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 233, eee 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 (20%) Not income 82,000 46,600 23,300 151, 90e 81,1ee 16.220 64,880 $ If at least an 8% return on this investment must be earned, compute the net present value of this investment (PV $1, and EVALS (Use appropriate factor(s) from the tables provided.) $1. EVOL$1. PVA of Chart Values are Based on: Amount PV Factor Select Chart Present Value of an Annuity of 1 - = Present Value $ 0 Not present value