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. Year Cash Flow A Cash Flow B --$ 53,000 -$ 98,000 1 21,000 23.000 2 27,800 28.000 3 23,000 31,000 9,000 242,000 ANO 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).) Payback period Project A years Project B years Requirement 2: Should it accept either of them? (Click to select)