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 6-year life and no salvage 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, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (301) Net Income 84,000 64,000 24,000 172,000 68,000 20,400 $ 47,600 If at least an 9% return on this investment must be earned, compute the net present value of this investment. (PV of $1. FV OLSI. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: n 91% Amount py Factor - Select Chart Present Value of an Annuity of 1 Present Value 0 Present value of cash inflows Present value of cash outflows Net present value