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 $384.000 with a 12-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 153.600 units of the equipment's product each year. The expected annual income related to this equipment follows 00 onts $ 240,000 ook Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Selling and administrative expenses Total costs and expenses Pretax income Income taxes (3) Net Income 84,000 32,000 24,000 140.000 100.000 30,000 $70,000 Hint Print If at least an 8% return on this investment must be earned, compute the net present value of this investment (PV of $1. Ey of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided.) eferences Chart Values are based on: Select Chart Amount PV Factor Present Value Net present Value