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Czaplinski Corporation is considering a project that would require an investment of $323,000 and would last for 7 years. The incremental annual revenues and expenses

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Czaplinski Corporation is considering a project that would require an investment of $323,000 and would last for 7 years. The incremental annual revenues and expenses generated by the project during those 7 years would be as follows: (Ignore income taxes.)

The scrap value of the project's assets at the end of the project would be $22,000. The payback period of the project is closest to:

4.1 years
4.4 years
9.7 years
10.4 years

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