Reynolds, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Year Cash Flow (A) Cash Flow (B) 0 $ 65,000 $ 95,000 1 19,000 18,000 2 27,000 26,000 3 24,000 26,000 4 9,000 160,000 Requirement 1: What is the payback period for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Payback period Project A years Project B years