(Ignore income taxes in this problem.) Neighbors Corporation is considering a project that would require an investment of $338,000 and would last for 8 years. The incremental annual revenues and expenses generated by the project during those 8 years would be as follows: Sales $269,000 Variable expenses 20,000 Contribution margin 249,000 Fixed expenses: Salaries 28,000 Rents 41,000 Depreciation 36,000 Total fixed expenses 105,000 Net operating income $144,000 The scrap value of the project's assets at the end of the project would be $18,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to: