What project will be chosen if the company's payback criterion is three years?

Ferry Inc. is evaluating two independent capital projects that will cost the company $180,000 each. The two projects will provide the following cash flows: Year 1 2 3 4 Project A $70,900 $90,100 $60,500 $70,300 Project B $30,200 $75,000 $97,900 $80,670