Safety Company is installing new equipment at a cost of $85,000. Expected cash flows from this project over the next four years will be $25,000, $31,000, $38,000, and $42,000. The company's cost of capital is 9 percent. What is the project's discounted payback period?
	A)	3.22 years
	B)	3.10 years
	C)	3.39 years
	D)	more than 4 years