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 Cash Flow A Cash Flow B 64,000 0 -$ -$109,000 1 26,500 28,500 2 34,400 33,500 3 28,500 25,500 4 14,500 231,000 WN = Requirement 1: (a)What is the payback period for project A? 4.89 years O 2.11 years O 5.11 years O 3.00 years O 1.89 years (b)What is the payback period for project B? O 3.09 years O 6.09 years O 3.91 years 4.91 years 0.91 years Requirement 2: Should it accept either project? O Accept project A and reject project B O Accept project B and reject project A O Accept both projects A and B