QUESTION 17 John Company could buy a machine that costs $72,000. It is estimated that it will have annual cash flows of $32,000 for each of five years. If the discount figures are .567 for cash received at the end of five years and 3.605 for payments received every year for five years, what is the payback period for this machine? O 2.5 O $35,360 $13,050 O 2.25 QUESTION 18 What is the effect of deprecation on cash inflows? O it has no effect on cash inflows O you add it back to income because it is a non cash expense O it decreases cash inflows O cannot tell QUESTION 19 Past costs that are not relevant because the money has already been spent and you can't get it back. O opportunity cost O joint costs Osunk costs O product costs