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: Cash flow: 0 -$1,300 1 $ 470 2 $570 3 $580 4 $360 5 $160 Payback years Should the project be accepted or rejected? accepted O rejected