B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $369,600 and has a 10-year life and no salvage value. B2B Company requires at least an 8% 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. $ 231,000 81,000 36,960 23,100 $ 89,940 (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.) Annual Net Cash Flows Present Value of Annuity at 8% Present Value of Net Cash Flows