Google Corporation is considering a project that would require an investment of $309,000 and would lost for 3 years. The incremental annual revenues and expenses generated by the project during those 8 years would be as follows (ignore Income taxes. $235,000 24,000 211,000 Sales variable expenses Contribution margin Fixed expenses Salaries Ronto Depreciation Total fixed expenses Het operating income 31,000 44.000 39.000 114,000 $ 97,000 The scrae value of the projects annet at the end of the project would be $21000. The cash flows occur evenly throughout the year. The payback period of the project is closest to (Round your answer to 1 decimal place.) Multiple Croce 2