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 (20%) Net income 84,000 64,000 24,000 172,000 68,000 13,600 $ 54,400 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 appropriate factor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount x PV Factor = Present Value Net present value 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. 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 (20%) Net income 81. eee 61,600 23,100 165, 700 65,300 13.068 $ 52,240 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 appropriate factor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount x PV Factor = Present Value Net present value