Compute the discounted payback statistic for Project D if the appropriate cost of capital is $11$ percent and the maximum allowable discounted payback is four years.

Note: Do not round intermediate calculations and round your final answer to $2$ decimal places. If the project does not pay back, then enter a $"0"($zero$).$

Project D

Time: $012345$

Cash flow: $$$$12,700$ $$3,520$ $$4,520$ $$1,860$ $$0$ $$1,340$