Managers use capital budgeting: O to analyze the company's financial statements O to determine the required return on the company's stock O to determine the weighted average cost of capital O to determine which business opportunities they should pursue A proposed project is forecast to produce positive cashflow of $25,000 the first year, $35,000 the second, $50,000 the third year, $35,000 the fourth year, and $35.000 the fifth year. If it would cost $170,000 today to start up this project. payback is projected to occur in: the third year It can not be determined from the information given the fifth year the fourth year