Bronco, Inc., imposes a payback cutoff of three years for its international investment projects.

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

$0$$ $67,000$$ $77,000$

$126,50018,500$

$235,00021,500$

$324,50033,000$

$411,500237,000$

What is the payback period for both projects?