Help Save & Exit Compute the Payback statistic for Project X and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 12 percent and the maximum allowable payback is 4 years. 0 Time Cash flow 1 950 2 700 -3100 3 850 4 725 5 625 Multiple Choice 3.83 years. Accept 2.3 years Rect 383 years, Rejes 23 years. Accept C KO O