1)A company is considering the purchase of some equipment. In the second year of operation, it is expected that the equipment will cause an increase in sales revenue of $200,000 and an increase in cash expenses of $120,000. CCA for the equipment will be $60,000. The tax rate for the company is 40%. What is the effect on cash flow from the equipment in Year 2? a)$0 b)$12,000 c)$48,000 d)$72,000