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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

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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 $376,000 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 150,400 units of the equipment's product each year. The expected annual income related to this equipment follows. $ 235,000 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 Incone taxes (301) Net Income 82,000 62,667 23,500 168, 167 66,833 20.se $46,783 If at least an 9% return on this investment must be earned, compute the net present value of this investment (PV_0f $1. EV. 0f 51, PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided.) Mf 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.) Chart Values are based on 9% Select Chart Amount PV Factor Print Value $ 0 Nel present we

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