Kaleb Konstruction, Inc., has the following mutually exclusive projects available. The company has historically used a three year cutoff for projects. The required return is 10 percent.

Year	Project F		Project G
0	$	140,000	$	210,000
1		57,500		37,500
2		52,500		52,500
3		62,500		92,500
4		57,500		122,500
5		52,500		137,500

a.	Calculate the payback period for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
b.	Calculate the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
c.	Which project, if any, should the company accept?