DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over the next four years in the amounts of $350,000 in year one, $325,000 in year two, $350,000 in year three, and $180,000 in year four. DYI's required rate of return is 8%. What is the payback period of this project?

		2.21 years
		4.00 years
		3.09 years
		2.50 years