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	$	59,000	$	104,000
1		24,000		26,000
2		31,400		31,000
3		26,000		28,000
4		12,000		236,000

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?

a: Reject Both Projects A & B

b: Accept Both Projects A & B

c: Accept Project A and Reject Project B

d: Accept Project B and Reject Project A