Choosing between two projects with acceptable payback periods Shell Camping Gear, Inc., is considering two mutually exclusive projects. Each requires an initial investment of $140,000. John Shell, president of the company, has set a maximum payback period of 4 years. The after-tax cash inflows associated with each project are shown in the following table: a. Determine the payback period of each project. b. Because they are mutually exclusive, Shell must choose one. Which should the company invest in? a. The payback period of project A is years. (Round to two decimal places.) Data table in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) Year 1 2 Cash inflows (CFt) Project A Project B $20,000 $50,000 $30,000 $40,000 $40,000 $30,000 $50,000 $20,000 $40,000 $40,000 3 4 5