Assume the following information for a capital budgeting proposal with a five-year time horizon 8 $540,000 Initial investoranti Coat of equipment (zaro salvage value) Annual revenues and costs. Sales revenues Variable expenses Depreciation expense Pixed out-of-pocket costs $300,000 $130,000 $ 50,000 $ 40,000 The payback period for this investment is closest to Mtiple Choice 182 years 415 years 6.75 years 318 years