10) Mendoza Company is considering a project that would require an investment of 400,000 and would last for 10 years. The incremental annual revenues and expenses generate by the project during those 10 years would be as follows: Sales Variable expenses CM Fixed expenses! Salaries Rent Depreciation Total fixed expenses Net operating income 300,000 to: 30,000 270,000 30,000 40,000 50,000 120,000 150,000 The scrap value (salvage value) of the project's assets at the end of the project would be 20,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest

10) Mendoza Company is considering a project that would require an investment of 400,000 and would last for 10 years. The incremental annual revenues and expenses generate by the project during those 10 years would be as follows: The scrap value (salvage value) of the project's assets at the end of the project would be 20,000 . The cash inflows occur evenly throughout the year. The payback period of the project is closest to