global toys inc imposes a payback cutoff of three years for its international investment projects. assume the company has the following two projects available.

Cash Flow A: Year 0 -$57,000 year 1 $23,000 year 2 $30,200 year 3 $ 25,000 year 4 11,000

Cash Flow B: Year 0 -$102,000 year 1 $25,000 year 2 $30,000 year 3 $29,000 year 4 $238,000.

A) What is the payback period for each project?

B) Should it accept either of them?