Compute the net present value of This investment

value: 10.00 points no salvage B2B Co. is considering the purchase of equipment that would allow the company to add a n with a 5-year life and ine. The depreciated on a straight-line basis. B2B Co. concludes that it must earn at least a 99 investment. The company expects to sell 151,680 units of the equipment's product each yea annual income related to this equipment follows. (PV of $1, FV of $1. PVA of $1, and F appropriate factor(s) from the tables provided.) equipment is expected to cost $379,200 $237,000 Sales Costs Materials, labor, and overhead (except depreciation) Depreciation on new equipment Selling and administrative expenses 83,000 75,840 23,700 Total costs and expenses 182,540 Pretax income Income taxes (30%) 54,460 16,338 Net income $ 38,122 Compute the net present value of this investment. (Round "PV Factor to 4 decimal places. R intermediate calculations and final answer to the nearest dollar amount.) values are based on: chart Amount x Table factor Present Value Net present value