Required Information [The following Information applies to the questions displayed below.] The Terme Corporation is contemplating the purchase of new equipment, which may potentially increase revenues by 25%. Currently, sales are $750,000 per year and cost of sales are 55% of sales. The equipment is expected to last for 5 years with no residual value. The cash outflow expected at the beginning of the year is $ 357,500. What is the amount of depreciation deduction the company could expense annually assuming the straight-line depreciation method is used? Multiple Choice O $41,250 $30,250 $75,000 $71,500