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Project Bronco, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B) 0 $ 69,000

Project Bronco, Inc., imposes a payback cutoff of three years for its international investment projects.

Year Cash Flow (A) Cash Flow (B)
0 $ 69,000 $ 79,000
1 27,500 19,500
2 37,000 22,500
3 25,500 35,000
4 12,500 239,000

What is the payback period for both projects? (Round your answers to 2 decimal places, e.g., 32.16.)

Project A ______ years

Project B ______years

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