TB MC Qu. 24-80 (Algo) Porter Company is analyzing two... Porter Company is analyzing two potential investments. Project X Project Y Initial investment Net cash flow: $ 74,340 $ 63,000 ed Year 1 25,500 4,300 Year 2 25,500 27,500 Year 3 25,500 27,500 Year 4 0 27,000 t If the company is using the payback period method, and it requires a payback of three years or less, which project(s) should be selected? Multiple Choice ces Project Y. Project X Both X and Y are acceptable projects.