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 Sales $ 231,00 Costs Materials, labor, and overhead (except depreciation on new equipment) 81,000 Depreciation on new equipment 36,960 Selling and administrative expenses 23, 100 Total costs and expenses 141,066 Protax income Income taxes (30%) 26,982 Net income $ 62,954 69,90 If at least on 9% return on this investment must be earned, compute the net present volue of this investment. (PV of $1 FV of S1, PVA of $), and EVA of $1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount PV Fitor Present Vam Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax incode Income taxes (30%) Net income 81,000 36,960 23,100 141,060 89,90 26,982 $ 62,958 If at least on 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.) Chart Values are Based on: Select Chart Amount PV Factor Procent Value Net present value