Consider the following two mutually exclusive projects:Cash FlowCash FlowYear$($A$)($B$)-$$$355,000-$$ $53,000146,00026,000266,00023,000366,00020,500441,00015,600$Whichever project you choose, if any, you require a $15\%$ return on your investment.a$-1.$ What is the payback period for each project? $($Round the final answers to $2$ decimal places.$)$Project AProject BPayback Period$3\mathrm{.}402\mathrm{.}20$years yearsa$-2.$ If you apply the payback criterion, which investment will you choose? Project A Project Bb$-1.$ What is the discounted payback period for each project? $($Do not round intermediate calculations. Round the final answe decimal places.$)$Project AProject BDiscounted PaybackPeriod$3\mathrm{.}882\mathrm{.}96$years yearsb$-2.$ If you apply the discounted payback criterion, which investment will you choose? Project A Project B