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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 10p

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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 10p -$135,000 $205,000 40,000 55,000 90,000 120,000 135,000 60,000 50,000 60,000 55,000 50,000 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.) Payback period 2.86 years Project G

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