Beck Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,850,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,400,000. The following information is available: The payback period for the Kentucky proposal is closest to A. 3.24 years B. 40 years C. 3 years D. 2.93 years