Compute the discounted payback statistic for Project C if the appropriate cost of capital is 7 percent and the maximum allowable discounted payback period is three years. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project C Time: Cash flow: 3 1 $1,000 2. $870 4 $560 5 $360 -$2,300 $910 Discounted payback period years Should the project be accepted or rejected? O accepted O rejected