Self-Study Problem 10.02 a1-a2 (Part Level Submission) Crane Crafts Corp. management is evaluating two independent capital projects that will each cost the company $290,000. The two projects will provide the following cash flows: Year Project A Project B 1 $78,750 $34,500 2 95,450 98,300 3 36,235 178,900 4 147,655 76,110 (1) What is the payback period of both projects? (Round answers to 2 decimal places, e.g. 15.25.) years. The Payback of Project Als years and Project B is