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Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available.YearCash Flow ACash

Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available.YearCash Flow ACash Flow B0-$49,000-$94,000119,00021,000225,40026,000321,00033,00047,000246,000What is the payback period for each project?(Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Project A YEARS

Project B YEARS

Which, if either, project should the company accept

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