Intro You are evaluating an investment project costing $31,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in the second year and $6,000 each year thereafter for 10 years. The maximum payback period for your company is 7 years. Part 1 IB Attempt 1/10 for 10 pts. What is the payback period for this project? 0+ decima Submit Part 2 Attempt 1/5 for 10 pts. Should your company accept this project? Yes No Submit