(3 points) The cost of a new machine is $250,000. The machine has a five-year life and no salvage value. If the cash flow each year is equal to 25% of the cost of the machine, calculate the (simple) payback period for the project: Select one: a. 4 years b. 3 years O C. 2 years d. 2.5 years (3 points) Going public refers to Select one: a. Making your social media profile public b. Distributing company's advertising flyers to public c. A private company's initial public offering d. A private company's social gathering event