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: -$2,200 1 $830 2 $840 3 $760 4 $540 5 $340 Payback 2.45 years Should the project be accepted or rejected? O accepted O rejected