Sanders Inc., is considering a project with the following cash flows.

Year	Cash Flows
0	-$50,000
1	$10,474
2	$15,460
3	$20,833
4	$42,551
5	$120,198

What is the discounted payback period for this project if the appropriate discount rate is 9 percent?

[Enter the final answer with two decimals (e.g. 5.55)]