Data Table Year Project A Project B Project C 0 $(1,100) $(10,500) $(6,500) 1 650 5,500 1,500 2 400 3,500 1,500 3 190 3,500 2,500 4 80 3,500 2,500 5 480 3,500 2,500 (Click on the icon in order to copy its contents into a spreadsheet.) Print Done Homework: Chapter 11 Homework Save Score: 0 of 2 pts 5 of 5 (0 complete) HW Score: 0%, 0 of 10 pts P11-22 (similar to) Question Help (Payback and discounted payback period calculations) The Bar-None Manufacturing Co. manufactures fence panels used in cattle feed lots throughout the Midwest. Bar-None's management is considering three investment projects for next year but doesn't want to make any investment that requires more than three years to recover the firm's initial investment. The cash flows for the three projects (Project A, Project B, and Project C) are as follows: a. Given Bar-None's three-year payback period, which of the projects will qualify for acceptance? b. Rank the three projects using their payback period. Which project looks the best using this criterion? Do you agree with this ranking? Why or why not? a. Given the cash flow information in the table, the payback period of Project A is years. (Round to two decimal places.)