Department manager is ready to invest money into an investment project that pays back within 3 years. The table below shows estimated cash flows from a new project:

Year	Cash flow ($)
Year 0	-3,800
In 1 year	1,900
In 2 years	1,000
In 3 years	600
In 4 years	900

The payback period for this project is ___________years.

Based on the Payback Period rule to investment valuation, this project should be

1. accepted
2. rejected