The following information relates to a capital investment known as Project Z141 of Quhama Limited: Project Z141 Investment R340 000 Expected life 5 years Cost of capital 15% Expected cash flows: Rand End of: Year 1 134 000 Year 2 117 000 Year 3 109 000 Year 4 100 000 Year 5 92 000 Average annual profit 42 100 Required: 2.1 Calculate the accounting rate of return. (Answer rounded off to 2 decimal places) (5) 2.2 Calculate the payback period. (Answer in years, months and days) (6) 2.3 If a payback period of 2 years is required, will the project be accepted? Explain