B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $371,200 and has a 12-year life and no salvage value. B2B Company requires at least an 9% 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. $ 232,000 81,000 30,933 23,200 $ 96,867 (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.