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 $377,600 with a 12-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. Sales $ 236,000 Costs Materials, labor, and overhead (except depreciation on new equipment) 83,000 Depreciation on new equipment 31,467 Selling and administrative expenses 23.600 Total costs and expenses 138,067 Pretax income 97,933 Income taxes (208) 19,587 Net income 78,346 -21 If at least an 10% 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 EVA of $1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: no 1 - 12 10% Amount X Select Chart Present Value of an Annuity of 1 PV Factor Present Value $ Total costs and expenses Pretax income Income taxes (208) Net indome 138,067 97,933 19,587 $ 78,346 If at least an 10% return on this investment must be earned, compute the net present value of this investment.( of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: n- 12 10% 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