Chadron Motors is considering two independent projects with an initial cost of $$18,000$ each. The

cash inflows of Project A are $$3,000,$$$7,000,$ and $$10,000$ for Years $1$ to $3,$ respectively. The cash

inflows for Project B are $$3,000,$$$7,000,$ and $$13,000$ for Years $1$ to $3,$ respectively. The required

return is $12$ percent and the required discounted payback period is $3$ years. Based on discounted

payback, which project$($s$),$ if either, should be accepted?

You should be indifferent to accepting either or both projects.

Project A should be rejected and Project B should be accepted.

Both projects should be accepted.

Project A should be accepted and Project B should be rejected.

Both projects should be rejected.