Compute the discounted payback statistic for Project if the appropriate cost of capital is 8 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 Time: Cashflow: 0 -$2,200 1 5960 2 5840 3 $880 5540 5340 Discounted payback period years Should the project be accepted or rejected? accepted rejected