The Brats'n'Jerky meat packing company is considering purchasing a new piece of equipment that will cut back on waste as well as save time. Savings from reduced waste are expected to be $2,894. It's expected that the new equipment will cut the number of hours required at the plant by 1,530 hours annually. The cost of one hour of labor $14. The cost of the piece of equipment being considered is $79,297. What is the expected payback on the piece of equipment being considered? Round your answer to one decimal place.