i need the complete answer for this question please write the answer completely. and please type it do not solve it in excel. thanks

Jairis Inc. is considering an investment that will cost $259,000. The investment produces no cash flows for the first year. In the second year, the cash inflow is $58,000. This inflow will increase to $150,000 and then $200,000 for the following two years before ceasing permanently. The firm requires a 14 % rate of return and has a required discounted payback period of three years. The firm should the project because the discounted payback period is years. Accept or reject this project? Why? Show your work