YI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over the next four years in the amounts of $350,000 in year one, $325,000 in year two, $150,000 in year three, and $180,000 in year four. DYI's required rate of return is 8%. What is the payback period of this project

Select one: a. 3.09 years b. 2.50 years c. 4.00 years d. 2.91 years

Corporation A received $10,000 in dividends from Corporation B. How much of the $10,000 must Corporation A include in its taxable income?

Select one: a. $0, because dividends from another corporation are not taxed b. $2,000 if Corporation A owns between 80% and 100% of Corporation B c. $3,000 if Corporation A owns 100% of Corporation B d. $7,000 if Corporation A owns less than 80% of Corporation B