Jooma Ltd is evaluating a project that has an initial capital outlay of R25m and expected after tax net cash inflows of R10m; R12m; R8m; and R7m in years one to four of the project. A Section 12C tax depreciation allowance of 40%; 20%; 20%; 20% will apply and the company's Weighted Average Cost of Capital is 13%. Which of the following best represents the Non-Discounted Payback Period in respect of the project? (Answer in years and months) A. 2 years and 4.5 months B. 2 years and 7 months C. 3 years and 10 months D. 2 years and 9.9 months