Cullumber Company is considering a long$-$term investment project called ZIP. ZIP will require an investment of $$131,240.$ It will have a useful life of $4$ years and no salvage value. Annual cash inflows would increase by $$79,600,$ and annual cash outflows would increase by $$41,000.$ Compute the cash payback period. $($Round answer to $2$ decimal places, e$.$g$.10\mathrm{.}52.)$

Cash payback period $$ years.