Problem $13-28$ PI $($LG$13-6)$

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 $11$ 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:,$-$$$351,000,$$$66,400,$$$84,600,$$$141,600,$$$122,600,$$$81,800$