$1($a$).$ Compute the payback period for Stout project.

$1($b$).$ Compute the payback period for Boise project.

$2.$ Based on payback period, which project is preferred?

Complete this question by entering your answers in the tabs below.

Required $1B$

Compute the payback period for Boise project. $($Cash outflows and cumulative net cash outflows must be entered with a minus sign. Round your Payback Period answer to $1$ decimal place.$)$