The Silverside Company is considering investing in two alternative projects: Project 1 Project 2 $240,000 Investment Useful life (years) Estimated annual net cash inflows for useful life Residual value Depreciation method Required rate of return $200,000 4 $130,000 $20,000 Straight - line 13% S65,000 $10,000 Straight -line 8% What is the payback period for Project 2? O A. 1.54 years O B. 10.00 years O C. 12.00 years O D. 3.69 years