ompute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time: 0 1 2 3 4 5 Cash flow $2,800 $1,070 $1,020 $880 $660 $460 Payback years Should the project be accepted or rejected?