18 Soolt Rho Company is considering a new Investment that costs $270.000, has a 9 year life, and no salvage value. Below is an income statement related to the investment's estimated annual revenues and expenses $ 190,000 160.000 S 30.000 Revenues Expenses: Salaries $ 75.000 Utilities 20,000 Depreciation 30.000 Other cash expenses 35.000 Net operating Income The payback period on this investment is closest to 0 4.5 years 1.7 years 1.4 years 90 years