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$$ $58,000$$ $103,000$

$123,50025,500$

$230,80030,500$

$325,50028,500$

$411,500237,000$

What is the payback period for each project?

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