Sandhill Manufacturing Co. is evaluating two projects. The company uses payback criteria of three years or less. Project A has a cost of $989,940 and project B's cost is $1,110,800, Cash flows from both projects are given in the followinh table

Sandhill Manufacturing Co. is evaluating two projects. The company uses payback criteria of three years or less. Projed Alasan project B's cost is $1,110,800. Cash flows from both projects are given in the following table. Year Project A $86,212 313,562 427,594 AWN Project B $586,212 413,277 231,199 285,552 What are their discounted payback periods? (Round answers to 2 decimal places, eg. 15.25. If discounted payback period oceeds life of the project, enter 0.00 for the answer.) Discounted payback period of project A Discounted payback period of project B Which will be accepted with a discount rate of 8 percent? Sandhill should choose Arranged