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 $380,800 with a 10-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 152,320 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 238,000 Sales Conta 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 (403) Net Income 83,000 38,000 23.800 144.800 93,120 37,248 355.672 Wat least an 8% 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 [ 5.1) (Use appropriate factor(s) from the tables provided.) Chart Vos are based on n - % x PV Factor - Select Chart Amount Present Value Not present value