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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 11

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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 11 percent Year Project F -$144,000 55,500 54,500 64,500 59,500 54,500 Project G -$214,000 35,500 50,500 94,500 124,500 139,500 a. Calculate the payback period for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, eg., 3216.) Payback period Project F years Project G years b. Calculate the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 3216) Net present value Project F Project G C. Which project, if any, should the company accept? (Click to select a

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