Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown below. The required rate of return on projects of both of their risk class is $8$ percent, and that the maximum allowable payback and discounted payback statistic for the projects are $2$ and $3$ years, respectively.

Time $0123$

Project A Cash Flow $-25,00015,00035,0006,000$

Project B Cash Flow $-35,00015,00015,00055,000$

Use the payback decision rule to evaluate these projects; which one$($s$)$ should it be accepted or rejected?