Question 16 2 pts Jenks Company financed the purchase of a machine by making payments of $10,000 at the end of each of five years. The appropriate rate of interest was 8%. The future value of one for five periods at 8% is 1.46933. The future value of an ordinary annuity for five periods at 8% is 5.8666. The present value of an ordinary annuity for five periods at 8% is 3.99271. What was the cost of the machine to Jenks? $58,667 $39,927 $50,000 $14,794 2 pts Question 17 Which of the following is not considered cash for financial reporting purposes? Postdated checks received and I.O.U.s Money orders, certified checks, and personal checks