Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available.

Year Cash Flow $($A$)$ Cash Flow $($B$)$

$0$$ $50,000$$ $95,000$

$119,50021,500$

$226,00026,500$

$321,50032,500$

$47,500245,000$

What is the payback period for each project?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Which, if either, of the projects should the company accept?