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 $11$ percent, and that the maximum allowable payback and discounted payback statistics for your company are $2\mathrm{.}5$ and $3\mathrm{.}0$ years, respectively.

$\backslash$table$[[$Time:$,0,1,2,3,4,5],[$Cash flow:,$-$$$231,000,$$$65,400,$$$83,600,$$$140,600,$$$121,600,$$$80,800$

Use the PI Decision rule to evaluate this project.