Checi B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its fine. The equipment is expected to cost $368,000 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 147,200 units of the equipment's product each year. The expected annual income related to this equipment follows $ 230,00 Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (30) Net Income 81,000 61,333 23,000 165,333 64,667 19.400 $ 45,267 If at least an 8% return on this investment must be earned, compute the net present value of this investment (PV of St. FV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Chart Values are based on: % Select Chart Amount PV Factor Present Value Help Save & Exit CALL BLIVE CAPE Total costs and expenses Pretax income Income taxes (30%) Net Income Check my w 165,333 64,667 19,460 $ 45,267 If at least an 8% return on this investment must be earned, compute the net present value of this investment (PV of $1. FV of S1. PVA of $1. and FVA of S1) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: % Select Chart Amount X PV Factor- Present Value 0 Not present value