The Modern Medicine Company is considering a new project which will require an initial cash investment of $425,000. The project will produce no cash flows for the first 2 years. The projected cash flows for years 3 through 6 are $31,000, $56,000, $250,000, and $429,000, respectively. How long will it take the firm to recover its initial investment in this project? a. 5.21 years b. 3.88 years c. 4.14 years d. 3.47 years e. 4.99 years