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 10-year life and, no salvage value. It wll 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. Sales $ 235,000 Coste Naterials, 1labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and adminietrative expenses Total costs and expenses 2, 000 37,600 23,500 143,100 91,900 27,570 Pretax ineome Income taxes (30) Net incone $64,330 If at least an 10% return on this investment must be earned, compute the net present value of this investment. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use approprlate factor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount PV Factor Present Value [X !! Net present value