"Our company is evaluating a project with projected future annual cash flows shown as follows and an appropriate cost of capital of 11.5% : Period 0: $-76,400.; Period 1: $-31,600.; Period 2: $35,510.; Period 3: $64,560.; Period 4: $33,840.; Period 5: $32,600.; 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."