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	$	60,000	$	105,000
1		24,500		26,500
2		32,000		31,500
3		26,500		27,500
4		12,500		235,000

Requirement 1:

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

	Payback period
Project A	years
Project B	years

Requirement 2:

Should it accept either of them?

(Click to select)Reject both projects A and BAccept project B and reject project AAccept both projects A and BAccept project A and reject project B