3. Constantine Corp. has 20,000 tons of old inventory in a warehouse that originally cost $44,000 to manufacture. It could be sold as scrap to a buyer in Tunisia for $32,000 minus transportation cost of $0.25 per ton. Alternatively, the 20,000 tons of old inventory could be sold here in the USA if it is processed further at an additional cost of $54,000. Constantine processes the old inventory further and sells it in the USA. This results in an increase in Constantine's net income of $8,000. Calculate the total USA sales price of the processed old inventory (round to nearest $1). 4. Byrnes Co. can further process Product B to produce Product C. Product B is currently selling for $59 per kilo and costs $48 per kilo to produce. Product C would sell for $88 per kilo and would require an additional cost of $27 per kilo to produce. Byrnes usually produces and sells 40,000 kilos of Product B per year. If product C is produced, 8% of the product will be lost due to evaporation. Calculate the total effect on Net Income per year if product C is produced from product B and sold for $88 per kilo. 5. An asset (investment) costs $398,000, has an eleven-year useful life, and generates annual cash receipts from sales revenue of $102,000 per year for the first 2 years, and $64,000 per year for the following 9 years. The investment has no residual value. Cash expenses related to this investment are expected to be around $18,000 per year. Calculate the cash payback period for this investment.