Use the information about a project in the table below to answer this question. What is the payback period for this project? 3.83 years 4.00 years 3.00 years 3.17 years If a firm considering this project establishes a cutoff of 3.50 years, should the firm accept or reject this project? Why? The project should be rejected because the payback period method is not reliable. The project should be accepted because the firm's investment is returned within the life of the project. The project should be rejected because the project does not achieve payback within the cutoff period. The project should be accepted because the firm's investment is returned within the cutoff period