Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year 0 1 2 3 4 Cash Flow (A) -$35,000 12,000 17,000 14,000 9,000 Cash Flow (B) -$ 45,000 11,000 13,000 16,000 255,000 What is the payback period for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Bronco, inc., imposes a payback cutoff of three years for its international investment projects. What is the payback period for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)