Assume that today is 7/21/22. The owner of Jacob P. Corp is thinking about investing in a project with an initial cost of $700 today (cost $700 on 7/21/22). The project has annual cash inflows of $400 one year from today, $300 two years from today, $200 three years from today, $250 four years from today, and $200 five years from today. The discount rate is 25%. What is the discounted payback period of the project? a. the project never pays back b. 1 year c. 2 years d. 3 years e. 4 years f. 5 years g. 6 years