1) A project has the following cash flows and net income: Year 0: -$5500; Year 1: 1300 CF 1000 NI; Year 2: 1500 CF 1200 NI Year 3: 1900 CF / 1600 NI; Year 4: 1400 CF 1100 NI A) What's the payback period? B) Would you accept the project if you look for 3 year payback? c) If the book value is $10,000, what's the average accounting return