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. Sales $ 238,000 Coats Materiais, labor, and overhead (except depreciation on new equipment) 83,000 Depreciation on new equipment 47,600 Selling and administrative expennen 23,800 Total costs and expenses 154,400 Pretax income 83,600 Income taxes (30) 25,080 Net income $ 58,520 Wat least an 10% return on this investment must be earned, compute the net present value of this investment (ex of $1. FV of S1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided) Chart Values are Based on: n Amount X PV Factor Select Chart Present Value of an Annuity of 1 Present Value 0 Net present value