4:15 Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow (A) 0 1231 -$ 60,000 24,500 32,000 26,500 12,500 Cash Flow (B) -$ 105,000 26,500 31,500 27,500 235,000 4 a. What is the payback period for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Which, if either, of the projects should the company accept? es