63. Addison Corp. is considering the purchase of a new piece of equipment. The equipment will have an initial cost of $1,200,000, a 6-year life, and no salvage value. If the accounting rate of return for the project is 5% what is the annual increase in net cash flow? Ignore income taxes. a. $60,000 b. $200,000 c. $260,000 d. $195,000 e. None of the above