A company is investing $259,000 in a new project. The firm expects the project will produce cash flow $50,000 a year for the first two years, and $80,000 a year for the following three years. How long will it take the company to recover its initial investment in this project?

	a.	2.98 years
	b.	3.14 years
	c.	3.99 years
	d.	5.21 years
	e.	2.74 years