McKernan Inc. imposes a payback cutoff of three years for its international investment projects. The company has the following two projects Year 1 2 Cash Flow (A) -$112,000 43,000 48,000 41,000 28,000 Cash Flow (B) -$ 130,000 35,000 38,000 46,000 250,000 4 What is the payback period for both projects? (Round the final answers to 2 decimal places.) Project A Project B Payback period years years Which project should the company accept? O Project A O Project B