Offshore Drilling Products, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year 0 1 Cash Flow A Cash Flow B -$50,000 -$ 95,000 19,500 21,500 26,000 26,500 21,500 32,500 7,500 245,000 2 3 4 Requirement 1: What is the payback period for each project? (Enter rounded answers as directed, but do not use the rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Payback period 3.21 x years Project A Project B 3.13 x years Requirement 2: Should it accept either of them? Accept project B and reject project A