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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

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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 8-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. If at least an 10% return on this investment must be earned, compute the net present value of this investment. fPV of $1. FV of $1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.)

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