Your firm is subject to capital rationing and can only invest $$60,000.$ You've estimated the following cash flows $($in $$)$ for two projects:

Year Project A Project B

$0-56,000-56,000$

$110,00030,000$

$220,00020,000$

$330,00010,000$

$440,0000$

The required return for both projects is $8\%.$

What is the payback period for project A$?$

What is the payback period for project B$?$

What is the NPV for project A$?$

What is the NPV for project B$?$