Hafners Construction is analyzing its capital expenditure proposals for the purchase of equipment in the coming year. The capital budget is limited to $ 15 comma 000 comma 000 for the year. Lenora Bart , staff analyst at Hafners , is preparing an analysis of the three projects under consideration by Chester Hafners , the company's owner. LOADING... (Click the icon to view the data for the three projects.) LOADING... (Click the icon to view the Future Value of $1 factors.) LOADING... (Click the icon to view the Future Value of Annuity of $1 factors.) LOADING... (Click the icon to view the Present Value of $1 factors.) LOADING... (Click the icon to view the Present Value of Annuity of $1 factors.) Read the requirements LOADING... . Requirement 1. Because the company's cash is limited, Hafners thinks the payback method should be used to choose between the capital budgeting projects. Calculate the payback period for each of the three projects. Ignore income taxes. (Round your answers to two decimal places.) Project A years Project B years Project C years Using the payback method, which project(s) should Hafners choose? Projects A and C Project A Project C Projects A and B Project B Projects B and C Projects A, B, and C Enter any number in the edit fields and then continue to the next question.