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 6-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. $ 231, eee 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 (40%) Net income 81, eee 61,600 23,100 165, 70e 65,300 26, 120 39,180 $ If at least an 9% return on this Investment must be earned, compute the net present value of this Investment. (PV of $1. FV of $1, PVA of $1, and FVA of $1) (Use approprlate factor(s) from the tables provided.) Chart Values are Based on: % Select Chart Amount PV Factor Present Value = Net present value