$35$The management of Lanzilotta Corporation is considering

a project that would require an investment of $$225,000$ and would

last for $6$ years. The annual net operating income from the project

would be $$115,000,$ which includes depreciation of $$32,000.$ The

scrap value of the project's assets at the end of the project would

be $$19,300.$ The cash inflows occur evenly throughout the year. The

payback period of the project is closest to $($Ignore income

taxes.$)$: