Services United is considering a new project that requires an inital cash investment of $80,500. The project will generate cash inflows of $29,500, $34,800, $18,500, and $10,000 over each of the next four years, respectively. How long will it take to recover the inital investment?

A) 2.74 years

B) 2.85 years

C) 2.99 years

D) 3.27 years

E) 3.68 years