Carla Inc. has two projects as follows:

Project		Initial CF		CF1		CF2		CF3		CF4
A		-2,460		860		1,210		960		1,910
B		-3,010		760		1,510		1,060		3,910

Carla set 2.6 years as a cut-off period for screening projects and the discount rate is 15 percent.

Which project(s) will be selected if the company uses the discounted payback period method? (Round intermediate calculations to 5 decimal places, e.g. 1.25125 and the final answers to 2 decimal places e.g. 1.25.)

Project A payback period ____ years.

Project B payback period ____ years.

Which project will be selected? Project A , Project B or Neither Project