A firm with a 9.5 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are as follows:

Year : 0 1 2 3 4

Cash Flow: -$13,000 $4,000 $5,700 $5,100 $5,900

Calculate the project's discounte payback period.

A. 3.17 years'

B. 3.00 years

C. 4.00 years

D. 3.50 years

E. 3.83 years