Andouille Spices, Incorporated, has the following mutually exclusive projects available. The company has historically used a three$-$year cutoff for projects. The required return is $10$ percent.

Year Project F Project G

$0$$ $140,000$$ $210,000$

$157,50037,500$

$252,50052,500$

$362,50092,500$

$457,500122,500$

$552,500137,500$

Calculate the payback period for both projects.

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Calculate the NPV for both projects.

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Which project, if any, should the company accept?