A firm is looking at a new project that costs $100,000 to start and has estimated the following future cash flows: Year 1: CF=$65,000 Year 2: CF=$25,000 Year 3: CF=$90,000 The firm's required return on assets of this risk is 10%. What is the discounted payback period? 3.18 years 2.95 years 2.30 years 2.56 years