Payback period The Bal Shoe Company is considering an investment project that requires and investment of $548,000 and returns for tax cash inflows of $100.930 per year for 10 years. The firm has a maximum acceptatie payback period of years. a. Determine the payback period for this project b. Should the company coept the protect? a. The payback period for this project is years. (Round to two decimal places) b. Should the company copt the project? (Select the best answer below) O A. The company should reject the project since the payback period is less than the number of years of the afer tax cash flows OB. The company should accept the project since the payback period is less than the maimum. OC. The company should accept the project since the sher-tax cash flows out for more years than the maximum acceptable payback OD. The company should reject the project since the payback period is less than the maximum O E. The company should the project since the short cash flows occur for more years than the maximum acceptable payback