(Ignore income taxes in this problem.) Your Corporation is considering a project that would require an investment of $675,000 and would last for 6 years. The annual net operating income from the project would be $120,000, which includes depreciation of $30,000. 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. What is the payback period of the project? You may need to round to match my number. 5.6 years 4.5 years 2.7 years 7.5 years