LG3 13-6 Payback Compute the payback statistic for Project A and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 8 percent and the maximum allowable payback is four years. Project A Time 0 1 2 3 4 5 Cash Flow -$1,000 $350 $480 $520 $300 $100