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: -$1,400 $640 $600 $640 $380 $180 Discounted payback period years Should the project be accepted or rejected? accepted O rejected 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: -$1,400 $640 $600 $640 $380 $180 Discounted payback period years Should the project be accepted or rejected? accepted O rejected