What is the payback period for a project that costs $11,722 today and has positive cash flows of $4.246, $4.258, and $7,749 in years 1 through 3 respectively? Do not mound any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.)

What in the paylact period tor a project that costs $11,722 today and has positive cash flows of $4246,$4,258, and $7,749 in years 1 through 3 mosetivelve