Perform a cost-benefit analysis with payback period calculation for a project where indirect costs are $35,000, direct costs are $17,000, and annualized benefits are $50,000.

Question 29 options:

	Total costs are $52,000 with a payback period of 1.04 years.
	Total costs are $75,000 with a payback period of 1.13 years.
	Total costs are $52,000 with a payback period of 1.25 years.
	Total costs are $55,000 with a payback period of 1.04 years.