Compute the Payback statistic for Project A given the following cash flows and decide whether the firm should accept or reject the project with the cash flows shown below where the cost of capital is 12 % and the maximum allowable payback is 3 years Time lo 1 2 3 4 15 Cash Flow K$92,000) $42.999 $45,668 $38,554 $36,778 $47.000 The payback is less than 3 years; the project should be accepted. The payback is greater than 3 years but less than 5 years, the project should be accepted. The payback is greater than 3 but less than 5 years, the project should be rejected. The project will never achieve payback: the project should be rejected