Costs 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 $379,200 with a 8-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 151,680 units of the equipment's product each year. The expected annual income related to this equipment follows. Sales $ 237,000 Material, labor, and overhead (except depreciation on new equipment) 83,000 Depreciation on new equipment 47.400 Selling and administrative expenses 23,700 Total costs and expenses 154,100 Pretax income 22,900 Income taxes (20%) 16,580 Net income $ 66,320 If at least an 8% return on this investment must be earned, compute the net present value of this investment. (PV of $1. Ey of S1, PVA of $1, and FVA of S1) (Use appropriate factor(s) from the tables provided) Chart Values are based on n i Select Chart Amount PV Factor Present Value Net present value