expected to cost $369,600 with a 4-year life and no salvage value. It will be depreciate to sell 147840 units of the equipmen is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment d on a straight-line basis. The company expect t's product each year. The expected annual income related to this equipment follows Sales Costs Materials, labor, and overhead (except depreciation on new equipment) Depreciation on new equipment Selling and administrative expenses 81,0e0 92,488 23,100 196,580 34,588 6,980 27,60e Total costs and expenses Pretax income Income taxes (2e%) If at least an 10% return on this investment must be earned, compute the net present value of this investment. ev otsi EyofS1, PY of$1, and EVALS) (Use appropriate factor(s) from the tables provided.) hart Values are Based on: n 2 Amount | x | PV Factor |= | Present Chart 8 of 10 Next > Prey 99+