Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year 0 Cash Flow (A) Cash Flow (B) -$ 61,000 -$ 106,000 1 25,000 27,000 2 32,600 32,000 3 27,000 27,000 4 13,000 234,000 a. What is the payback period for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Which, if either, of the projects should the company accept? a. Project A Project B b. Project acceptance years years