Problem 13-17 Payback (LG13-2) 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 7 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.5 and 3.5 years, respectively. Time : Cash flow: 0 -$4,500 1 $1,110 2 $2,310 3 $1,510 4 $1,510 5 $1,310 6 $1,110 Use the yback decision rule to evaluate this oject. (Round your answer to 2 decimal places.) Payback years