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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 $369,600 with a 8-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 147,840 units of the equipment's product each year The expected annual income related to this equipment follows if at least an 9% return on this investment must be eaned, compute the net present value (PY of S1. FV OfS1. PVA Of $1. and EVA of $1) (Use appropriate factorts) from the tables provided.) Sales Costs S 231,000 Depreciation on new equipment Selling and administrative expenses Materials, labor, and overhead (except depreciation on new equipment) 81,000 46,200 23,100 Total costs and expenses 150,300 Pretax income Income taxes (20%) 80,700 16,140 Net income S 64,560 Compute the net present value of this investment Chart Values are Based on: Select Chart AmountPV Factor Present Value Net present value

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