Nano Specialist is considering an upgrade project. The estimated cash flows from the upgrade project appear below. What is the project's payback period? Note that year 0 and year 1 cash flows are negative. (Answer in years, round to 2 places)

Year 0 cash flow = -79,000

Year 1 cash flow = -36,000

Year 2 cash flow = 24,000

Year 3 cash flow = 31,000

Year 4 cash flow = 27,000

Year 5 cash flow = 27,000

Year 6 cash flow = 26,000

Year 7 cash flow = 30,000