Olinick Corporation is considering a project that would require an investment of $324,000 and would last for 8 years. The incremental annual revenues and expenses generated by the project during those 8 years would be as follows (lgnore income taxes.) $200,000 Sales Variable expenses 27,000 Contribution margin 173,000 Fixed expenses: Salaries 34,000 47,000 Rents Depreciation Total fixed expenses 42,000 123,000 $50,000 Net operating income The scrap value of the project's assets at the end of the project would be $24,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to