$3.$ A company is considering an investment project that requires an initial outlay of $$50,000.$ The project is expected to generate cash flows of $$10,000$ in year one, @$15,000$ in year $2,$ $$20,000$ in years $3$ and $4$ and $$30,000$ in year $5.$ If the discount rate is $10\%,$ calculate the Payback Period of the project