Dalton Health is reviewing a project to its future investment plan. The project has cash flows of –$108,000, $52,800, $53,200, and $83,100 for Years 0 to 3, respectively. The required payback period is two years. Based on the payback period of years for this project, you should ________ the project.
1. 1.98; accept
2. 2.46; accept
3. 2.29; reject
4. 1.79; accept
5. 2.02; reject
