Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time: 1 2 3 4 5 Cash flow: -$1,000 $350 $480 $520 $300 $100 Payback years Should the project be accepted or rejected? O accepted O rejected