Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 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 Time: Cash flow : e -$2,500 $1,080 2 $930 3 $970 $6ee 5 $400 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected