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 10-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. $ 231,000 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 (30%) Net income 81,000 36,960 23,100 141,060 89,940 26,982 $ 62,958 If at least an 9% 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 FVA of $1) (Use appropriate factor(s) from the tables provided.) Answer is not complete. Chart Values are Based on: 10 9% Amount X PV Punt X Factor Select Chart Present Value of an Annuity of Present Value 0 Present value of cash inflows Present value of cash outflows Net present value (369,600)