Problem 16 Intro You are evaluating an investment project costing $39,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 6 years. 18 - Attempt 1/5 for 10 pts. Part 1 What is the payback period for this project? 1+ decimals Submit Part 2 Attempt 1/5 for 10 pts. Should your company accept this project? Yes Submit