Woodgate Inc. is considering a project with the following after-tax operating cash flows (in millions of dollars):

Year	Project Cashflow
0	(325.0)
1	145.0
2	160.0
3	185.0
4	90.0

* The project has a WACC of 10%

What is the project's payback period?

Group of answer choices

2.05 years

2.11 years

2.03 years

2.15 years

2.08 years