50) Compute the payback statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 9 percent and the maximum allowable payback is four years. 4 Time: Cash flow: 0 -1,000 2 100 3 100 5 2,000 -75 0 A) 3.4375 years, accept B) 3.78 years, reject C) 4.4375 years, reject D) 4.78 years, accept