Consider the following information: C3 Project A B -5,800 -1,100 3,500 Cash Flows ($) C1 C2 1,800 1,800 0 700 700 2,400 2,500 CA 0 3,800 800 2,800 1,300 a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Project A Payback Period year(s) B 2.14 year(s) year(s)