8 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 classis 7 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 4.5 years, respectively 5 View Cash Flow 54,800 $1,210 52,410 $1,610 $1,610 $1,450 $1,210 Use the Pi decision rule to evaluate this project (Do not round intermediate calculations and round your final answer to 2 decimal places.) Print Should it be accepted or rejected? Orelected O accepted