3 19 Sedatole Corporation is considering a project that would have a ten-year life and require a $450,000 investment in equipment which has no salvage value. The project would provide operating income each year as follows for the life of the project: Cash revenues $500,000 Variable cash $200.000 expenses Contribution $300.000 margin Fixed cash $150,000 expenses Depreciation $45.000 Operating $105,000 income 2 The company's required rate of return is 12%. What is the project's payback period? O 3 years O 2 years 4.28 years O 9 years None of the above your screen. Hide Stop sharing