KVE corporation is considering investing in a project with the cash flows shown below. Compute the discounted payback statistic for the project and recommend whether the firm should accept or reject it$.$ The required cost of capital is $10$ percent and the maximum allowable discounted payback is $2\mathrm{.}5$ years

$\backslash$table$[[$Time$,0,1,2,3],[$Cash Flow,$-100,88,121,133\mathrm{.}1]]$

$1\mathrm{.}2$ years, accept

$1\mathrm{.}75$ years, reject

$2\mathrm{.}60,$ reject

$1\mathrm{.}25$ years, accept