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 12 percent. Year Project F Project G -$136,000 -$206,000 0 1 59,500 39,500 2 50,500 54,500 3 60,500 90,500 4 5 55,500 50,500 120,500 135,500 a. Calculate the payback period for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project F Project G Payback period years years b. Calculate the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Net present value Project F Project G $ c. Which project, if any, should the company accept? (Click to select) Project F Project G Neither project eBook & Resources