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		Project G
0	$	134,000	$	204,000
1		60,500		40,500
2		49,500		55,500
3		59,500		89,500
4		54,500		119,500
5		49,500		134,500

A) Calculate the payback period for both projects (round answer to 2 decimal places)

B) Calculate the NPV for both parties (round answers to 2 decimal places)

C) Which project should the company accept?