BAFI Inc., imposes a payback cutoff of three years for its international investment projects. If the company has the following two projects available, should they accept either of them? (To answer this question, please apply both payback period and discounted payback period assuming the discount rate of 6%)

\begin{tabular}{ccc} \hline Year & Cash Flow (A) & Cash Flow (B) \\ \hline 0 & $50,000 & $70,000 \\ 1 & 30,000 & 8,000 \\ 2 & 15,000 & 20,000 \\ 3 & 10,000 & 30,000 \\ 4 & 10,000 & 500,000 \\ \hline \end{tabular}