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 $380,800 with a 8-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 152,320 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 238,000 Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expensen Total costs and expenses Pretax income Income taxes (30) Net Income 83,000 47,600 23,800 154.400 83,600 25,080 $$8.520 ca If at least on 10% return on this investment mu compute the net present value of this investment (PV of $1. FV of $1. PVA of $1, and FVA of S1) (Use appropriate factor(s) from the tables provided.) Chart Values are based on 8 10% Amount PV Factor Present Value Select Chart Present Vitue of an Annuity of 1 Present value of cash inflows Present value of cash outflows Not present value