The Terme Corporation is contemplating the purchase of new equipment, which may potentially increase revenues by 30%. Currently, sales are $800,000 per year and cost of sales are 65% of sales. The equipment is expected to last for 4 years with no residual value. The cash outflow expected at the beginning of the year is $288,000. What is the amount of depreciation deduction the company could expense annually assuming the straight-line depreciation method is used? Multiple Choice $72,000 $25,200 $100,000 Multiple Choice $72,000 $25,200 $100,000 $46,800