ndouille Spices, Incorporated, has the following mutually exclusive projects available. The company has historically used a three$-$year cutoff for projects. The required return is $14$ percent.

Year Project F Project G

$0$$ $128,000$$ $198,000$

$163,50043,500$

$246,50058,500$

$356,50086,500$

$451,500116,500$

$546,500131,500$

Calculate the payback period for both projects.

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

Calculate the NPV for both projects.

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

Which project, if any, should the company accept?