AudioVolumeMuteKara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available.

Year Cash Flow $($A$)$ Cash Flow $($B$)$

$0$$ $53,000$$ $98,000$

$121,00023,000$

$227,80028,000$

$323,00031,000$

$49,000242,000$

What is the payback period for each project?

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

Which, if either, of the projects should the company accept?