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Consider the following information: Cash Flows, $ Project C0 C1 C2 C3 C4 A 5,400 +1,400 +1,400 +3,400 0 B 600 0 +1,000 +2,400 +3,400

Consider the following information: Cash Flows, $ Project C0 C1 C2 C3 C4 A 5,400 +1,400 +1,400 +3,400 0 B 600 0 +1,000 +2,400 +3,400 C 4,600 +1,400 +1,400 +3,400 +5,400 a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Project Payback Period A year(s) B year(s) C year(s)

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