If K1 = K3 and K1 and K2 are independent, your key length is 112 bits (2*56), but due to meet-in-the-middle attack, you have only 80 bits of security.
Note: don't use 3DES!
If K1 = K3 and K1 and K2 are independent, your key length is 112 bits (2*56), but due to meet-in-the-middle attack, you have only 80 bits of security.
Note: don't use 3DES!