Problem 8-3 Calculating Payback (LO 1] Global Toys, Inc., imposes a payback cutoff of three years for its international investment projects. Assume the company has the following two projects available. 0 $4600 Year Cash Flow A Cash Flow B -$46,000 $ 91,000 17,500 19,500 23,600 24,500 19,500 34,500 5,500 249,000 WN Requirement 1: What is the payback period for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Project A Project B Payback period years years Requirement 2: Should it accept either of them? Accept project