Sevcan Bakery decided to buy a new oven for $12000. Using this new technology oven the owner expects to make extra $3000 for the first year $4000 for the second year and $5000 for the third and $6000 for the fourth year. Should the owner accept the project if the cutoff period is 2 years based on payback period method?

	Yes because the cutoff period is greater than the payback period.
	Yes because the cutoff period is less than the payback period.
	No because the cutoff period is greater than the payback period.
	No because the cutoff period is less than the payback period.