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 $379,200 with a 10-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 151,680 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 237,000 Sales Costs Materials, labor, 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 83,000 37,920 23,700 144,620 92,380 36,952 $ 55,428 If at least an 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.) % Answer is complete but not entirely correct. Chart Values are Based on: n = 10 i = 9 % PV Amount X Factor Present Value Select Chart Present Value of an Annuity of 1 IS -379,200 X 0.6418 $ (243,371) Present value of cash inflows Present value of cash outflows Net present value 39,431 X 219,876 S