Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three-year cutoff for projects. The required return is 11 percent.

Years	Project F Project G
0	$ -129,000 $ -199,000
1	63,000 43,000
2	47,000 58,000
3	57,000 87,000
4	52,000 117,000
5	47,000 132,000

A) B) C)

Calculate the payback period for both projects Project F =_____ years Project G =_____ years Calculate the NPV for both projects Project F= $______ Project G= $______ Which project should the company select?