considering the purchase of equipment for $400,000.The equipment will have a ten year life with no terminal salvage value.Straight-line depreciation will be used for tax purposes.It is expected that the equipment will generate annual sales of $200,000 and annual production costs, exclusive of depreciation, $120,000.The tax rate is 40%.What is the annual after-tax cash flow from the depreciation expense?

Group of answer choices

$80,000 cash inflow

$40,000 cash inflow

$48,000 cash inflow

$16,000 cash inflow