10. Czaplinski Corporation is considering a project that would require an investment of $323,000 and would last for 7 years. The incremental annual revenues and expenses generated by the project during those 7 years would be as follows: Sales............ Variable expenses ..... Contribution margin...... Fixed expenses: Salaries.... Rents ............ Depreciation Total fixed expenses.......... Net operating income ........ $114,000 15,000 99,000 14,000 11,000 43,000 68,000 $31,000 I The scrap value of the project's assets at the end of the project would be $22,000. The payback period of the project is closest to: A. 9.7 years B. 4.4 years C. 4.1 years D. 10.4 years

$323,000 and would last for 7 years. The incremental annual revenues and expenses generated by the project during those 7 years would be as follows: The scrap value of the project's assets at the end of the project would be $22,000. The payback period of the project is closest to: A. 9.7 years B. 4.4 years C. 4.1 years D. 10.4 years