Creative Solutions, Inc., has just invested $4,615,300 in new equipment. The firm uses the payback period criteria of not accepting any project that takes more than four years to recover its costs. The company anticipates cash flows of $644,386, $812,178, $943,279, $1,364,997, $2,616,300, and $2,225,375 over the next six years.

Does this investment meet the firm's payback criteria?