A new project will have an intial cost of \( \$ 14,000 \). Cash flows from the project are expected to be \( \$ 6,000, \$ 6,000 \), and \( \$ 10,000 \) over the next 3 years, respectively. Assuming a discount rate of \( 18 \% \), what is the project's discounted payback period? 2.59 2.87 2.76 3.03 2.98