First Choice Carpets is considering purchasing new weaving equipment costing

$ 728 comma 000$728,000.

The? company's management has estimated that the equipment will generate cash inflows as? follows:

Year 1	$ 212 comma 000$212,000
2	212 comma 000212,000
3	260 comma 000260,000
4	260 comma 000260,000
5	154 comma 000154,000

Considering the residual value is? zero, calculate the payback period.? (Round your answer to two decimal? places.)

A.

3.773.77

years

B.

4.454.45

years

C.

3.573.57

years

D.

3.173.17

years