B2B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $360,000 and has a 12-year life and no salvage value. The expected annual income for each year from this equipment follows. Compute the annual net cash flow. \begin{tabular}{|l|r|r|} \hline Annual Results from Investment & \multicolumn{1}{|c|}{ Income } & \multicolumn{1}{c|}{ Cash Flow } \\ \hline Sales of new product & $ & 225,000 \\ \hline Expenses & & 120,000 \\ \hline Materials, labor, and overhead (except depreciation) & 30,000 \\ \hline Depreciation-Equipment & $38,250 \\ \hline Selling, general, and administrative expenses & $36,750 & \\ \hline Income & $ & $ \\ \hline Net cash flow & $ & 0 \\ \hline \hline \end{tabular}