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

Year	Cash Flows
0	-$50,000
1	$10,988
2	$15,644
3	$20,216
4	$40,031
5	$133,490

What is the discounted payback period for this project if the appropriate discount rate is 7 percent?

[Enter the final answer in as a decimal (e.g. 5.55) - not a percent]