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The management of Rusell Corporation is considering a project that would require an investment of $282.000 and would last for 6 years. The annual net operating income from the project would be $107,000, which includes depreciation of $43,000. The scrap value of the projects assets at the end of the project would be $24,000. The payback period of the project is closest to: 1.9 years 2.4 years 1.7 years 2.6 years