answer the following questions

Choosing between two projects with acceptable payback periods Shed Camping Gear Ine. I considering too mutually exclusive projects. Each requires an initial investment of $180.000 John Shel president of the has a period of 4 years The cash infows associated with each project are shown in the following table .. Determine the payback period of each project Data table b. Which project is acceptable based on payback period? (Click on the icon here in order to copy the contents of the datatable below Into a spreadsheet) ..The payback period of project is years. (Round to be decimal places.) Cash Inflows (C Year The payback period of project is yours. (Round to be decimal places) Project A Project 530 000 5607000 Which project is acceptable based on payback period? (Select the best answer below) 2 $40.000 550.000 3 550 000 540.000 4 O Project A would be preferred over project because the larger cash flows are in the later years of the project 560 000 $30.000 $30.000 $30.000 Project would be preferred over project A because the larger cash flows are in the early years of the project 1 5