$2$points Return to question Item $5$B$2$B Company is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment costs $$368,000$ and has a $8-$year life and no salvage value. B$2$B Company requires at least an $8\%$ return on this investment. The expected annual income for each year from this equipment follows: $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$Note: Use appropriate factor$($s$)$ from the tables provided.Sales of new product$ $230,000$Expenses Materials, labor, and overhead $($except depreciation$)81,000$DepreciationEquipment$46,000$Selling, general, and administrative expenses$23,000$Income$ $80,000($a$)$ Compute the net present value of this investment