Nixxall is considering a new project that requires an initial cash investment of $80,000. The project will generate cash inflows of $24,500, $36,700, $19,500, and $20,000 over each of the next four years, respectively. How long will it take to fully recover the initial investment? The company has announced that the cutoff period is 3 years. Should the firm take on this investment? Further, does the decision made by the payback rule agree with the NPV rule, assuming 5% of discount rate? show work