O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the cost of $1,850,000. Under the other proposal, the company would focus on Kentucky and open 6 stores at a cost of $2,300,000. The following information is available: The payback period for the Kentucky proposal is closest to 3.65 years. 3.29 years. 3.19 years. 32.86 years