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 $374.400 with a 4-year life and no salvage value. It will be depreciated on a straight line basis. The company expects to sell 149,760 units of the equipment's product each year. The expected annual income related to this equipment follows $ 234,000 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 (305) Net Income 2,000 93.600 2.), 400 199.000 35.NO 10,500 $24.500 If at least an 10% return on this investment must be eamed, compute the net present value of this investment (P of $1. EV.001. PVA OL$1. and EVA OS1) (Use appropriate factorfe) from the tables provided) Chart Values are based on % Select Chart Amount x PV Factor Present Value Income taxes (30%) Net income 10,500 24,500 $ at least an 10% return on this investment must be earned, compute the net present value of this investment (PV of $1. FV of of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: n % Select Chart Amount X PV Factor Present Value Net present value