Novell, Inc., has the following mutually exclusive projects. Year Project A Project B O $29,000 $32,000 1 2 3 16,500 13,000 3,800 17,500 11,500 13,000 a-1. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Project A Project B 1.961 years 2.231 years