The Terme Corporation is contemplating the purchase of new equipment, which may potentially increase revenues by 30%. Currently, sales are $720,000 per year and cost of sales are 60% of sales. The equipment is expected to last for 6 years with no residual value. The cash outflow expected at the beginning of the year is $427,200. By how much would Terme's annual gross profit increase if the investment is undertaken? Multiple Choice O $86,400 $129.600 O O $720,000 O O $216.000 $216,000