P10-3 (similar to) Question Help Choosing between two projects with acceptable payback periods Shell Camping Gear, Inc., is considering two mutually exclusive projects. Each requires an initial investment of $180,000. John Shell, president of the company, has set a maximum payback period of 4 years. The after-tax cash inflows associated with each project are shown in the following table: a. Determine the payback period of each project b. Because they are mutually exclusive, Shell must choose one. Which should the company invest in? a. The payback period of project Ais years, (Round to two decimal places.) Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Cash inflows (CF) Year Project A Project B $30,000 $60,000 $40,000 $50,000 $50,000 $40,000 $60,000 $30,000 $20,000 $20,000 1 2 Enter your answer Print Done 2 parts Clear A remaining Check