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 $3\mathrm{.}0$ and $3\mathrm{.}5$ years, respectively.

$\backslash$table$[[,,,,,,],[\backslash$table$[[$Time:$],[$Cash flow$]],\backslash$table$[[0],[-$$$238,000$