Assume a $55,000 investment and the following cash flows for two alternatives.

Year	Investment A			Investment B
1	$	15,000		$	35,000
2		25,000			15,000
3		10,000			25,000
4		20,000
5		20,000

a. Calculate the payback for investment A and B. (Round your answers to 2 decimal places.)

b. Which investment would you select under the payback method?

	Investment A
	Investment B

c. If the inflow in the fifth year for Investment A was $20,000,000 instead of $20,000, would your answer change under the payback method?

	Yes
	No