X-treme Vitamin Company is considering two investments, both of which cost $48,000. The cash flows are as follows: Year Project A Project B 1 $52,000 $48,000 25,000 0,000 26,000 2 21,000 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 year(s) year(s)