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 10-year life and no selvage 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 $ 240,000 Sales Costs Materials, Tabor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (30%) Net income 84,000 38,480 24,000 146,400 93,600 28,888 65,520 $ If at least an 8% 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 appropriate factor(s) from the tables provided.) Chart Values are Based on: Amount x PV Factor - Select Chart Present Value of an Annuity of 1 Present Value Present value of cash inflows Present value of cash outflows Net present value p='-a +i" TABLE B.3: Present Value of an Annuity of 1 Rate Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% 0.9901 1.9704 2.9410 3.9020 4.8534 5.7955 6.7282 7.6517 8.5660 9.4713 10.3676 11.2551 12.1337 13.0037 13.8651 14.7179 15.5623 16.3983 172260 18.0456 22.0232 25.8077 29.4086 328347 0.9804 0.9709 0.9615 0.95240.9434 0.93460.9259 1.9416 1.9135 1.8861 1.8594 1.83341.8080 1.7833 2.8839 2.8286 2.7751 2.7232 26730 2.6243 2.5771 3.8077 3.7171 3.62993.546034651 3.3872 3.3121 4.7135 4.5797 4.4518 4.3295 42124 4.1002 3.9927 5.6014 5.4172 5.2421 5.0757 4.9173 4.7665 4.6229 6.4720 6.2303 6.0021 5.7864 5.5824 5.3893 5.2064 7.3255 7.0197 6.73276.4632 6.2098 5.9713 5.7466 8.16227.7861 7.4353 7.1078 6.8017 6.5152 6.2469 89826 8.5302 8.1109 7.7217 7.3601 7.0236 6.7101 9.7868 9.2526 8.7605 8.3064 7.8869 7.4987 7.1390 10.5753 9.9540 9.3851 8.8633 8.3838 7.9427 7.5361 11.3484 10.6350 9.9856 9.3936 8.8527 8.3577 7.9038 12.1062 11.2961 10.5631 9.8986 9.2950 8.7455 8.2442 128493 11.9379 11.1184 10.3797 9.7122 9.1079 8.5595 13.5777 12.5611 11.6523 10.8378 10.1059 9.4466 8,8514 14.2919 13.1661 12.1657 11.2741 10.4773 9.7632 9.1216 14.9920 13.7535 126593 11.6896 10.8276 10.0591 9.3719 15.6785 14.3238 13.1339 12.0853 11.1581 10.3356 9.6036 16.3514 14.8775 13.5903 12.4622 11.4699 10.5940 9.8181 19.5235 17 4131 15.6221 14.0939 12.7834 11.6536 10.6748 22.3965 19,6004 17.2920 15.3725 13.7648 12.4090 11.2578 249986 21.4872 18.6646 16 3742 14.4982 129477 11,6546 27.3555 23.114819.7928 17.1591 15.0463 13.3317 11.9246 0.9174 0.9091 0.8929 0.8696 1.75911.7355 1.6901 1.6257 2.5313 2.4869 24018 22832 3.2397 3.16993.0373 2.8550 3 .8897 3.7908 3.6048 3.3522 4.48594.3553 4.1114 3.7845 5.0330 4.8684 4.5638 4.1604 5.5348 5.33494.96764.4873 5.99525.7590 5.3282 4.7716 6.4177 6.1446 565025.0188 6.80526.4951 5.9377 5.2337 7.1607 6.8137 6.1944 54206 7.48697.10346.4235 5.5831 7.78627.36676.6282 5.7245 8.0607 7.6061 6.8109 5.8474 8.3126 7.82376.9740 5.9542 8.5436 8.0216 7.1196 6.0472 8.7556 8.2014 7.2497 6.1280 8.9501 8.36497.3658 6.1982 9.1285 8.5136 7.4694 6.2593 9.8226 9.0770 78431 6.4641 10.2737 9.42698.0552 6.5660 10.5668 9.6442 81755 8.1755 6.6166 10.7574 9.7791 82438 6.6418 SSSSS e turning you One tacasulate the prescel W A risqu P e the defeadh For example: What is the present value of 2000 per year for WAW32O Prethe512,835 soda (2.000 67