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 4-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. $ 236,000 Sales Gosts Materials, Tabor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes Box) Net income 83,000 94,499 23,609 201,099 35,000 10,509 24,500 If at least an 9% return on this investment must be eamed, compute the net present value of this investment (PV of $1. FV of $1. PVA of S1 and PVA of SD (Use appropriate foctor(s) from the tobles provided.) Chart Values are based on Select Chan Present Value of an Annuity of 1 mount PV Factor Present Value S 0 Net present value