Consider the following two mutually exclusive projects: -$ Year Cash Flow (A) Cash Flow (B) -$ O 341,000 51,000 54,000 24,900 2 74,000 22,900 3 74,000 20,400 4 449,000 15,500 - Whichever project you choose, if any, you require a return of 15 percent on your investment a-1.What is the payback period for each project? (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) Answer is complete but not entirely correct. Project A Project B Payback period 2.16 x years 2.11 X years o e- 2. If you apply the profitability index criterion, which investment will you choose? Project A Project B f. Based on your answers in () through (e), which project will you finally choose