ABC Company plans to invest $6,500. The annual cash inflows of Project X for four years are 1,000; 1,800; 3,200 and 2,000 respectively. The annual cash inflows of Project Y for five years are 1,300; 2,000; 1,100; 1,500 and 600 respectively. Which Project will be selected using Payback Method?

A. Project X should be selected.

B. Project Y should be selected.

C. Project X and Y provide the same payback period.

D. Neither investment is acceptable under Payback Method.