Consider the following two mutually exclusive projects: Year Cash Flow (A) -$350,000 45,000 65,000 65,000 440,000 Cash Flow (B) -$ 50,000 24,000 22,000 19,500 14,600 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? Project A 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.)