Check my work B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $377600 with a 6-year life and no salvage value. It will be depreciated on a straight-ine basis. The company expects to sell 151,040 units of the equipment's product each year. The expected annual income related to this equipment follows. 236,000 Sales Costs 83,000 62,933 23,600 169,533 66,467 26,587 $39,880 Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new eguipment Selling and administrative expenses Total costs and expenses Pretax income Income taxes (40%) Net income If at least an 9% return on this investment must be earned, compute the net present value of this investment evorsi EvoSL PVAof $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) PV Factor Present Value