Consider the following two mutually exclusive projects: Year Cash Flow (A) -$502,000 120,000 140,000 8 , 480,000 Cash Flow (B) -$ 95,000 54,000 37,000 34,500 29,600 2 3 4 WN Whichever project you choose, if any, you require a 15% return on your investment. 0-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Payback Period Project A years Project B years a-2. If you apply the payback criterion, which investment will you choose? O Project A Project B