Short Answer-Information for potential projects is presented below. Using the payback method, answer the following questions on the answer sheet. (19 points) Project A Project B Project C 10,000 10,000-10,000 4,000 Year 1,000 1.000 15,000 15,000 1. Calculate the approximate payback period for Project A. (3 points) 2. Calculate the approximate payback period for Project B. (3 points) 3. Calculate the approximate payback period for Project C. (3 points) 4. Compare Project A to Project C commenting on the timing and amount of cash flows. (3 points) Compare Project B to Project C commenting on the timing and amount of cash fl points) ows. (3 5. 6. Which project would you recommend and why? (4 points)