1.53 12 points Saved Help Save & Exit Submit 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 $380,800 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 152,320 units of the equipment's product each year. The expected annual income related to this equipment follows Sales Costa $230,000 eBook Hi Depreciation on new equipment Total costs and expenses Pretax income Income taxes (201) Materials, labor, and overhead (except depreciation on new equipment) 83,000 Selling and administrative expenses 63,467 23,800 170,267 47.733 Pare Net income References 13,547 $54,186 MC If at least an 8% return on this investment must be earned, compute the net present value of this investment (PV of $1. EV of $1. PVA of $1 and EVA of 5) (Use appropriate factor(s) from the tables provided.) Chart Values are Based on: Select Chart Amount PV Factor Present Valua Prey 12 of 13 Next > Check my work