Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three years. (Do not round Intermediate calculations and round your final answer to 2 decimal places.) Project Timet Cash flow: 0 -$2,200 1 0:20 $966 5840 $080 1 $540 5 $340 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected