Problem $13-24$ Discounted Payback $($LG$13-2)$

Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is $10$ percent, and that the maximum allowable payback and discounted payback statistics for your company are $3\mathrm{.}0$ and $3\mathrm{.}5$ years, respectively.

$\backslash$table$[[$Time:$,0,1,2,3,4,5],[$Cash flow,$-$$$243,000,$$$66,600,$$$84,800,$$${141}^3,800,$$$122,800,$$$82,000$