It will cost $$11,400$ to acquire an ice cream cart that is expected to produce cash inflows of $$3,600$ a year for three years. What is the decision based on the payback period, assuming the payback requirement is $2\mathrm{.}5$ years?

Accept because the project never pays back.

Cannot calculate the payback period to make decisions.

Reject because the payback period is $3\mathrm{.}17$ years.

Accept because the payback perod is $3\mathrm{.}17$ years.

Reject because the project never pays back over its life time