Coffer Company is analyzing two potential investments. Project X Project Y Cost of machine $ 85,470 $ 65,000 Net cash flow: Year 1 33,000 3,000 Year 2 33,000 30,000 Year 3 33,000 30,000 Year 4 0 25,000 If the company is using the payback period mthod, and it requires a payback period of three years or less, which project(s) should be selected?