The management of Lanzilotta Corporation is considering a project that would require an investment of $291,000 and would last for 6 years. The annual net operating income from the project would be $139,000, which includes depreciation of $18,000. The scrap value of the project's assets at the end of the project would be $19,900. The cash inflows occur evenly throughout the year. The payback period of the project is closest to (Ignore Income taxes.) (Round your answer to 1 decimal place.) Multiple Choice 19 years 21 years 16 years 5 2.9 years