Compute the payback statistic for Project A if the appropriate cost of capital is 7 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time: Cash flow: 0 $1,400 1 $510 2 $600 3 $600 4 $380 5 $180 Payback [ years Should the project be accepted or rejected? accepted rejected