A project has the following cash flows. What is the payback period?

Year	0	1	2	3	4
Cash flow	-$6,300	$1,200	$4,200	$4,500	-$1,200

Question 4 options:

1)	2.07 years

2)	2.14 years

3)	2.20 years

4)	2.31 years