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 6-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. EV 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 63,467 23,800 $67,733 (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 Rec Compute the n pesery value of the Investment. (Round your present value factor to 4 decimals and other final answers to the nearest Annual Net Cash Flows Present Value of Annuity at 8% Present Value of Net Cash Flows Years 1 through 6 Net present value Beered A Required B >