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 $369,600 with a 4-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 147,840 units of the equipment's product each year. The expected annual income related to this equipment follows. Sales Costs $ 231,080 81,009 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 92,400 23,100 196,500 34,500 10,350 24,150 $ If at least an 9% 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 SD (Use appropriate foctor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount x PV Factor - Present Value Net present value