Sales$ $227,000$Variable expenses$52,000$Contribution margin$175,000$Fixed expenses:$$Salaries$27,000$Rents$41,000$Depreciation$40,000$Total fixed expenses$108,000$Net operating income$ $67,000$

The scrap value of the project's assets at the end of the project would be $$23,000.$ The cash inflows occur evenly throughout the year. The payback period of the project is closest to:

Multiple Choice

$3\mathrm{.}0$ years

$5\mathrm{.}1$ years

$3\mathrm{.}2$ years

$4\mathrm{.}8$ years