Jones Corp. is considering a new investment that will cost $670,000. The system is expected to generate the following cash flows in each of the next five years: Year Cash Flow 1 $85,000 Year 2: $250,000 Year 3: $120,000 Year 4: $105,000 Year 5: $285,000 What is the project's payback period?

A) 4.00 years

B) 4.96 years

C) 3.64 years

D) 4.39 years