Stenson, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. Cash Flow Year Cash Flow (B) 0 1 NM -$75,000 $ 125,000 33,000 29,000 36,000 32,000 15,000 53,000 9,000 240,000 4. a. What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Which, if either, of the projects should the company accept? Answer is complete but not entirely correct. a. 2.32 Project A Project B Project acceptance years years 3.12 b. Project A