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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 $374, 400 with a 10-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 149, 700 units of the equipment's product each year. The expected annual income related to this equipment follows. If at least an 8% return on this investment must be eared, compute the net present value. Compute the net present value of this investment

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