Kathleen Dancewear Co$.$ has bought some new machinery at a cost of $$4,250,000.$ The impact of the new machinery will be felt in the additional annual cash flows of $$1,100,000$ over the next six years. What is the payback period for this project? If its acceptance period is $3$ years, will this project be accepted? $($Round your answer to the nearest whole number.$)$

$2$ years. Yes, it will be accepted.

$4$ years. Yes, it will be accepted.

$4$ years. No$,$ it will NOT be accepted.

$2$ years. No$,$ it will NOT be accepted.