Your company is considering a project with an initial cash outlay of $$1,000,000.$ Projected cash inflows are: Year $1$: $$200,000$; Year $2$: $$400,000$; Year $3$: $$200,0000$; Year $4$: $$300,000$; Year $5$: $$300,000.$ Required: $1)$ Compute payback period? $2)$ Show work; $3)$ Should you accept the project? $4)$ Why?