"Our company is evaluating a project with projected future annual cash flows shown as follows and an appropriate cost of capital of 14.5% : Period 0: $-77,000.; Period 1: $-32,600.; Period 2: $35,630.; Period 3: $64,680.; Period 4: $33,920.; Period 5: $33,800.; Compute the Payback statistic for the project and indicate whether the company should accept or reject this project if the maximum allowable payback period is 4 years." 2.97 years / Accept 2.97 years / Reject 2.42 years / Accept 2.42 years / Reject 2.85 years / Reject 3.27 years / Accept 3.27 years / Reject