O'Mally Department Stores Is Considering Two Possible Expansion Plans

O'Mally Department Stores is considering two possible expansion plans.One proposal involves opening 5 stores in Indiana at the cost of $1,920,000.Under the other proposal,the company would focus on Kentucky and open 6 stores at a cost of $2,500,000.The following information is available:

The payback period for the Kentucky proposal is closest to

A) 4.5 years.
B) 6.25 years.
C) 5.00 years.
D) 31.25 years.