The question was not answered completely. Please read the question completely. The answer should have five columns in the answer: (1) after-tax year, (2) cash profits, (3) depreciation, (4) cumulative flow, and (5) cash flow. Q) Determine the payback period for a capital investment that costs $40,000 and has the following after tax profit. (The project outlay of $40,000 will be depreciated on a straight line basis to a seven years to zero salvage value).