The manapement of Louisiana Corporation is consideting a project that would require an investmerit of $280,000 and would last for 6 years. The anchual net operating income trom the project would be $114,000, which includes depreciation of $31,000. The scrap value of the projects assets at the send of the project would be $25,000. The cash irllows cocot evervy throughout the year. The paybock period of the proyect is closest to (lgnore income taxes.). (Round your answer to 1 decimal place.) If needed, scroll up and refer to the tables for the discount factors. 1,9 years 1,6 years 2.5 years 3.2 years