Blossom Corp. is investing in a new computer system. The new system costs $1,250,000 in the current year, but will generate an annual cash inflow of $350,000 for the next six years. Assuming the companys cost of capital is 12%, the discounted payback period of this project is closest to _______.

Group of answer choices

a. 4 years

b. 3 years

c. 5 years

d. 6 years