Extract Date from Middle of Text in Column

[ok_kpop]

I have a column name called "Folder Path" which contains the following text:

\\test\testfolder\\test subfolder\DATA ABC Month-end Reports\2016 December\A

\\test\testfolder\\test subfolder\DATA ABC Month-end Reports\2016 March\A

\\test\testfolder\\test subfolder\DATA ABC Month-end Reports\2013 May\B

\\test\testfolder\\test subfolder\DATA ABC Month-end Reports\2023 August\C

Is there a way I can extract the year and month (highlighted in red) from each line into a new column so I can format them into a date format? 

[lbendlin · Accepted solution]

let
    Source = Table.FromRows(Json.Document(Binary.Decompress(Binary.FromText("i45WigGCktTiEgiZlp+TkloEE1MoLk2Cibg4hjgqODo5K/jm55Vk6KbmpSgEpRbkF5UUx8QYGRiaKbikJqfmJoGUOirF6lDRYN/EouQMKptqDDS1MibGiYpmGhkrOJaml4KMcVaKjQUA", BinaryEncoding.Base64), Compression.Deflate)), let _t = ((type nullable text) meta [Serialized.Text = true]) in type table [#"Folder Path" = _t]),
    #"Added Custom" = Table.AddColumn(Source, "Date", each Date.From(Text.Split([Folder Path],"\"){7} & " 1"),type date)
in
    #"Added Custom"

How to use this code: Create a new Blank Query. Click on "Advanced Editor". Replace the code in the window with the code provided here. Click "Done". Once you examined the code, replace the Source step with your own source.