Jose is analyzing two mutually exclusive projects of similar size and has prepared the following data. Both projects have $5$ year lives.

Project A

Project B

Net present value

$$14,693$

$$15,090$

Payback period

$2\mathrm{.}76$ years

$3\mathrm{.}51$ years

Required return

$8\mathrm{.}3\%$

$8\mathrm{.}0\%$

Jose has been asked for his best recommendation given this information. His recommendation should be to accept which project?