Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the timeline below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 7%.

Year: - 0 1 2 3 4

Project A -1,000 700 450 290 340

Project B -1,000 300 385 440 790

What is Project A's payback? Do not round intermediate calculations. Round your answer to four decimal places.

What is Project A's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places.

What is Project B's payback? Do not round intermediate calculations. Round your answer to four decimal places.

What is Project B's discounted payback? Do not round intermediate calculations. Round your answer to four decimal places. years

Please show how you get the answers