Meyer, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Book Year 0 1 2 3 4 Cash Flow (A) Cash Flow (B) -$ 80,000 1$ 168,000 28,000 33,000 30,000 38,000 25,000 52,000 15,000 180,000 3 a.What is the payback period for each project? (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? years a. Project A Project B b. Project acceptance years