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 6-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, bor, overhet (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (30%) Net Income 81,00 61,600 23.100 165,700 65,00 19,50 $ 45,710 If at least an 10% return on this investment must be eamed, compute the net present value of this investment (PVOLSI. FV51 PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided) Chart Values are based on Amount PV Factor Present Value Select Chart