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ivickeran inc. imposes a payback cuton or tree yedis for its internatonal investment project:projectsCash FlowCash FlowYear ( A ) ( B ) 0 - $

ivickeran inc. imposes a payback cuton or tree yedis for its internatonal investment project:projectsCash FlowCash FlowYear(A)(B)0-$ 88,600-$103,000134,00026,000239,00029,000332,00037,00019,000241,000-BookferencesWhat is the payback period for both projects? (Round the final answers to 2 decimal places.)Payback periodProject A2.49yearsProject B3.05 yearsWhich project should the company accept? Project A Project B

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