Check my wort Exercise 11-9 Computing net present value LO P3 B2B Co. Is considering the purchase of equipment that would allow the company to add a new product to its Hne. The equipment is expected to cost $374.400 with a 8 year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 149,760 units of the equipment's product each year. The expected annual Income related to this equipment follows. 234, 838 Sales Custs Materials, labor and overtread except cepreciation on new equipment) Depreciation on her equipment Selling and administralive expenses Total costs and expenses Predince Income taxes (423) 32,600 46.820 23,460 32728 HELMche 9. BG If at least an 8% return on this investment must be earneo, compute the net present value of this investment. FORSTVO Si PVA and EVA (Use appropriate factors from the tables provided. Chart Values are Based on Ancount Present Value Select Chart Present Value of any PV Factor 5.5581