5. Which of the following statements is true concerning the cash flows needed for a capital budgeting decision? a. The purpose of subtracting depreciation in the calculation of an annual operating cash flow is to assure that the cash flow for taxes is correct. b. The number of years of operating cash flows must always equal the number of years of depreciation, since that is mandated by the IRS. c. The book value used to calculate the tax effect associated with the sale of a depreciable asset is equal to the accumulated depreciation at the time the asset is sold d. While the sign on the NICO always indicates a cash outflow, it is always offset by a one-time positive cash inflow in the same amount at the end of the project