Ignore Income taxes In this problem.) Overland Corporation has gathered the followlng data on a proposed Investment project Investment required in equipment Annual cash inflows Salvage value of equipment $650,000 $ 66,000 0 20 years 7% Required rate of return The company uses straight-line depreclation on all equipment. Assume cash flows occur uniformly throughout a year except for the Initial Investment The payback perlod for the Investment Is: O 78 years O 01 years O 10 years O 9.8 years