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 $371,200 with a 12-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 148,480 units of the equipment's product each year. The expected annual income related to this equipment follows $ 232,000 81,000 30,933 23, 200 Sales Costs Materials, labor, and overhead (except depreciation on new equipnent) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (40%) Net income 96,067 38.747 $ 58,120 If at least an 9% return on this investment must be earned compute the net presentlyalue of this investment. (PV of $1. FV of S1, PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: % x Amount PV Factor - Present Value Select Chart $ 0 Net present value