Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is $12$ percent, and that the maximum allowable payback and discounted payback statistic for the project are two and two and a half years, respectively.

Time $012345$

Cash Flow $125,00065,00078,000105,000105,00025,000$

Use the NPV decision rule to evaluate this project; should it be accepted or rejected?