Question 11 5 pts (Ignore income taxes in this problem.) Limon Corporation is considering a project that would require an initial investment of $204,000 and would last for 6 years. The incremental annual revenues and expenses for each of the 6 years would be as follows: $230,000 64,000 166,000 Sales Variable expenses..... Contribution margin Fived expenses Salaries Kents. Depreciation... Total fised expenses... Net operating income... 30,000 25.000 87,000 $ 79,000 At the end of the project, the scrap value of the project's assets would be $12,000. Required: Determine the payback period of the project. Show your work