David Machineries is faced with two independent investment opportunities. The company has an investment policy which requires acceptable projects to recover all costs within 3 years. The company uses the payback method to assess potential projects and utilizes a discount rate of 10 percent. The cash flows for the two projects are:

Year	Project A	Project B
0	-$100,000	-$80,000
1	40,000	50,000
2	40,000	20,000
3	40,000	30,000
4	30,000	0

Which investment project should the company invest in?