The management of Lanzilotta Corporation is considering a project that would require an investment of $263,000 and would last for 8 years. The annual net operating income from the project would be $66.000, which includes depreciation of $31,000. The scrap value of the project's assets at the end of the project would be $t inflows occur evenly throughout the year. The payback period of the project is closest to (ignore income taxes,) 5.000. The cash Multiple Choice 2.6 years 4.0 years 3.8 years 2.7 years K Prev 17 of 25 Next>