**Accounting 2 question, 5 stars for quick and correct answer. Thanks!

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 $384,000 with a 6-year life and no salvage value. It will be depreciated on a straight-line basis. B2B Co. concludes that it must earn at least a 9% return on this investment. The company expects to sell 153,600 units of the equipment?s product each year. The expected annual income related to this equipment follows. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Sales	$	240,000
Costs
Materials, labor, and overhead (except depreciation)		84,000
Depreciation on new equipment		64,000
Selling and administrative expenses		24,000
Total costs and expenses		172,000
Pretax income		68,000
Income taxes (30%)		20,400
Net income	$	47,600

Compute the net present value of this investment. (Round "PV Factor" to 4 decimal places. Round your intermediate calculations and final answer to the nearest dollar amount.)