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 3.5 and 4.5 years, respectively. Time: Cash flow: @ -$5,000 1 $1,280 2 $2,400 3 $1,680 4 $1,600 5 $1,400 6 $1,200 Use the discounted payback decision rule to evaluate this project. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Discounted payback years Should it be accepted or rejected? O rejected accepted