Problem 5-1 Payback Consider the following information: C4 Project A B -5,200 -800 -4,800 Cash Flows ($) Ci C2 C3 1,200 1,200 2,800 0 750 2,200 3,300 1,600 700 0 3,200 200 a. What is the payback period on each of the above projects? (Round your answers to 2 decimal places.) Project A Payback Period 3.00 year(s) year(s) year(s) B