Oceanview Manufacturing is considering an investment that would require an initial net investment of $680,000. The following revenues/expenses relate exclusively to the investment: Sales $310,000 Variable expenses $10,000 Contribution margin $300,000 Fixed expenses Salaries expense $33,000 Rent expense $20,000 Depreciation expense $30,000 Total fixed expenses $83,000 Operating income $217,000 The investment will have a residual value of $40,000 at the end of its 14 year useful life. What is the payback period for this investment? O A. 3.64 years B. 3.13 years C. 2.75 years D. 2.19 years