X-treme Vitamin Company is considering two investments, both of which cost $18,000. The cash flows are as follows: Year Project & Project B 1 $20,000 $18,000 2 8,000 7,000 3 7,000 12.000 8-1. Calculate the payback period for Project A and Project B. (Round your answers to 2 decimal places.) Project A Project B Payback Period year(s) year(s) --2. Which of the two projects should be chosen based on the payback method? Project A Project B b-1. Calculate the net present value for Project A and Project B. Assume a cost of capital of 8 percent. (Do not round Intermediate calculations and round your final answers to 2 decimal places.) Net Present Value Project A Project B b-2 Which of the two projects should be chosen based on the net present value method? Project B Project A