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 8 percent , and that the maximum allowable payback and discounted payback statistics for the project are 20 and 30 years, respectively Time: Cash flow: -$7.5ee 1 $1,180 2 $2,380 3 $1,580 $1,580 $1,388 $1,180 Use the Pl decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) PI