XYZ Inc. is deciding whether to invest in a new project. The project has the following expected Net Income and Cash Flow (please see table below). Please calculate the project's payback period. YEAR Net Income Cash Flow 0 ($50,000) $10,000 1 ($80,000) $20,576 $12,439 2 $20,000 3 $15,000 $17,293 4 $25,000 $46,851 5 $10,000 $5,000 Express your answer in the number of years rounded to one decimal place, e.g. enter 2.58 years as '2.6