X-treme Vitamin Company is considering two investments, both of which cost $51,000. The cash flows are as follows: Year Project A Project B 1 $56,000 $51,000 2 3 20,000 18,000 20,000 24,000 ing rences Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a-1. Calculate the payback period for Project A and Project B. (Round your answers to 2 decimal places.) Payback Period Project A Project B 0.91 year(s) 1.00 year(s)