The management of Truelove Corporation is considering a project that would require an initiat investment of 5322.990 and would last for 7 years. The aral net operating income from the project would be $28100, including depreciation of 542 270. At the end of the project, the scrap value of the project's assets would be $27,100 (Ignore income taxes) Required: Determine the payback period of the project. (Round your answer to 2 decimal places.) years