Consider the following two mutually exclusive projects: Year Cash Flow (A) 0 -$385,000 Cash Flow (B) -$ 71,000 1 72,000 38,000 2 72,000 29,000 3 72,000 26,500 4 447,000 21,600 Whichever project you choose, if any, you require a 15% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Project A Project B Payback Period. years years a-2. If you apply the payback criterion, which investment will you choose? O Project A O Project B b-1. What is the discounted payback period for each project? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Project A Project B Discounted Payback Period years years