(Discounted puyback period) Assuming an approprate discount rate of 9 percert, what is the discounted payback period on a projoct with an in tilal outlay of $110,000 and the foliowing free cash. flawn? Year 1=$30,000 Year 2520,000 Year 3=530.000 YYoar4=$40,000 Year 5=$30.000 Yeat 6=$35,000 (Click on the following icon 0 in orser to copy to condents into a spreaduheet) The project's dscoursed paytiack period is years. (Round to two decmul places.) \begin{tabular}{|l|l|r|} \hline & \multicolumn{2}{|c|}{ A } \\ \hline 1 & YEAR & \multicolumn{1}{|c|}{ B } \\ \hline 2 & 0 & 110000 \\ \hline 3 & 1 & 30000 \\ \hline 4 & 2 & 20000 \\ \hline 5 & 3 & 30000 \\ \hline 6 & 4 & 40000 \\ \hline 7 & & \end{tabular}