BEE: Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $312,800 and has a 10year life and no salvage value. 823 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 $ 233,603 Expenses Materials, labor, and overhead {except depreciation) 82,630 DepreciationEquipment 3?,289 SellingJ general, and administrative expenses 23,339 Income 5 995429 [a] Compute the net present value of this investment. lb} Should the investment be accepted or rejected on the basis of net present value? Complete this question by entering your answers in the labs below. Required A Required B Compute the net present value of this investment. (Round your present value factor to 4 decimals and other nal answers to the nearest whole dollar.) Required A Required B Compute the net present value of this investment. {Round your present value factor to 4 decimals and other nal answers to the nearest whole dollar.) Nel present value Required B >