3. The Bar The Banana Company is considering a project of buying a machine at $4,300. The machine, with an economic life of three-year, can generate a year end cash flow of $1,200 in year one and two respectively, as well as $3,000 in year three. Assume that the required rate of return is 12% per year. Determine the Discounted Payback (in fractional year) and Profitability Index of the project. Should the project be taken assuming the preset cut-off discounted payback year is 3 years? Would your decision be affected if you get a positive Average Accounting Return? (20 marks)