R8 Co. is considering one of three projects, each of which will cost $42000. The expected cash flows for each project are:

Project A

Project B

Project C

Year 1

$11260

$26692

$3679

Year 2

21741

20060

15869

Year 3

12451

7826

14241

Year 4

9051

11879

17902

R8's maximum acceptable payback period for accepting projects is 2 years. What is the payback period of a project that would be considered acceptable?

Select one:

a.1.76 years

b.2.72 years

c.3.46 years

d.1.57 years

PLEASE ANSWER ASAP :))