Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum allowable payback period is three years. (If the project never pays back, then enter a "O" (zero).) Project B Time: Cash flow: 1 $3,490 -$12,400 2 $4,460 3 $1,800 4 $0 5 $1,280 Payback years Should the project be accepted or rejected? accepted O rejected