Problem 8-21 NPV and Payback Period [LO 1.4) Kaleb Konstruction, Inc., 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 Project G 0 $ 128,000 -5 198,000 1 63,500 43,500 2 46,500 58 500 56,500 86,500 4 51.500 116.500 5 45 500 131 500 GN- Required: (a) Calculate the payback period for both projects (Do not round Intermediate calculations. Round your answers to 2 decimal places (0.9., 32.16):) Payback period years Project F years Project G (b) Calculate the NPV for both projects. Do not round intermediate calculations. Round your answers to 2 decimal places (e.g..32.16).) Project F Project G Net present value $ $ (c) Which project should the company accept? (Click to select)