Lou Barlow, a divisional manager for Sage Company, an opportunity and one two new products for a five-year period. His annual pay raises are determined by his division's return orn investment (ROI), which has exceeded 21% each of the last three years. He has computed the cost and revenue estimates for each product as follows: has to manufacture sell of Product A Product B Initial investment Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket operating costs $270,000 $ 480,000 $320,000$420,000 $148,000 $198,000 $ 54,000 96,000 $ 77,000$57,000 The company's discount rate is 19%. Click here to view Exhibit 118-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables Required: 1. Calculate the payback period for each product. (Round your answers to 2 decimal places.) 2 decimal places required. Product B Payback period years . years