3 Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 12 percent, and that the maximum allowable payback and discounted payback statistics for your company are 2.5 and 3.0 years, respectively. 10 points Time: Cash flow : 0 -$230,000 1 $65,300 2 $83,500 3 $140,500 4 $121,500 5 $80,700 eBook Hint Use the payback decision rule to evaluate this project. (Round your answer to 2 decimal places.) Print Payback years References Should the project be accepted or rejected? O rejected O accepted