Two new software projects are proposed to a young, start-up company. The Alpha project will cost $470,000 to develop and is expected to have annual net cash flow of $60,000. The Beta project will cost $230,000 to develop and is expected to have annual net cash flow of $30,000. The company is very concerned about their cash flow. Calculate the payback period for each project. Which project is better from a cash flow standpoint? (Round your answers to 2 decimal places.)