Consider the following four-year project. The initial outlay or cost is $360,000. The respective cash inflows for years 1, 2, 3 and 4 are: $200,000, $160,000, $160,000 and $40,000. What is the discounted payback period if the discount rate is 11%? About 2.427 years About 2.000 years About 2.135 years About 1.667 years