Global Toys, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available.

Year	Cash Flow A		Cash Flow B
0	$	58,000	$	103,000
1		23,500		25,500
2		30,800		30,500
3		25,500		28,500
4		11,500		237,000

What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

	Payback period
Project A	_____________ years
Project B	_____________ years

Which, if either, project(s) should the company accept?

(Click to select)Accept Project B and reject Project AAccept both Projects A and BReject both Projects A and BAccept Project A and reject Project B