Exercise 24-9 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 line. The equipment is expected to cost $369,600 with a 6 -year life and no salvage value. It will be depreciated on a straight-line basis. The company expects to sell 147,840 units of the equipment's product each year. The expected annual income related to this equipment follows. If at least an 9% 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 \$1) (Use appropriate factor(s) from the tables provided.)