B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $380,800 and has a 10-year life and no salvage value. B2B Company requires at least an 10% return on this investment. The expected annual income for each year from this equipment follows: (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Equipment Selling, general, and administrative expenses Income (a) Compute the net present value of this investment. $ 238,000 83,000 38,080 23,800 $ 93,120 (b) Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the tabs below. Required A Required B Compute the net present value of this investment. (Round your present value factor to 4 decimals and other final answers to the nearest whole dollar.) Years 1 through 10 Annual Net Cash Flows Present Value of Annuity at 10% Present Value of Net Cash Flows 6.1446 = $ 0 380,800 Initial investment Net present value < Required A Required B >