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 $372,800 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 149,120 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 233,000 Sales Costs 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 (40%) Net income 82,800 62,133 23,300 167,433 65,567 26, 227 $ 39,340 If at least an 8% return on this investment must be earned, compute the net present value of this investment. (PV of $1. F of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided) Chart Values are Based on: Select Chart Amount PV Factor Present Value Net present value