Suzanne's Cleaners is considering a project that has the following cash flow data. What is the project's payback?

Year	0	1	2	3	4	5
Cash flows	$1,100	$300	$310	$320	$330	$340

a. 3.52 years

b. 2.85 years

c. 2.31 years

d. 2.56 years

e. 3.16 years