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 $11$ percent.

Year Project F Project G

$0$$ $139,000$$ $209,000$

$158,00038,000$

$252,00053,000$

$362,00092,000$

$457,000122,000$

$552,000137,000$

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?