Given the following After Tax Cash Flows for XY Company find the Payback Period. The appropriate discount rate for the project is 12%. If the cut-off period is six years for major projects, determine if the project is accepted or rejected under the four different decision models. Year 0 cash outflow: $10,400,000 Years 1 to 4 cash inflow: $2,600,000 each year Year 5 cash outflow: $1,200,000 Years 6 8 cash inflow: $750,000 each year