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Year Ralph Lawrence is considering two mutually exclusive projects. Each has an initial investment of $180,000. The company is uncertain about the best capital budgeting technique to use. Its maximum acceptable payback period is 4 years and its cost of capital is 9%. The cash flows for each of the projects are shown in the table. Which project, if any, should Ralph Lawrence take? 1 2 3 4 5 6 Cash inflows Project A Project B $55,000 $95,000 $55,000 $70,000 $55,000 $40,000 $55,000 $40,000 $55,000 $20,000 $55,000 $20,000