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 $12$ percent.

Year Project F Project G

$0$$$141,000$$$211,000$

$157,00037,000$

$253,00052,000$

$363,00093,000$

$458,000123,000$

$553,000138,000$

a$.$

Calculate the payback period for both projects. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ Calculate the NPV for both projects. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

c$.$ Which project, if any, should the company accept?