Problem 13-5 Payback (LG13-2) Compute the payback statistic for Project B if the appropriate cost of capital is 12 percent and the maximum allowable payback period is three years. (If the project never pays back, then enter a "O" (zero).) Project B Time: Cash flow: $11,600 $3,410 2 $4,300 3 $1,640 4 $0 5 $1,120 Payback [ years Should the project be accepted or rejected? O accepted O rejected Problem 13-6 Payback (LG13-2) Compute the payback statistic for Project A if the appropriate cost of capital is 8 percent and the maximum allowable payback period is four years. (Round your answer to 2 decimal places.) Project A Time: Cash flow: 0 -$2,800 1 $1,070 2 $1,020 3 $880 4 $660 5 $460 Payback - years Should the project be accepted or rejected? O accepted O rejected