Suppose your firm is considering two mutually exclusive, required projects with the cash flows shown below. The required rate of return on projects of both of their risk class is 8 percent, and that the maximum allowable payback and discounted payback statistic for the projects are 2 and 3 years, respectively. Time 0 1 2 3 Project A Cash Flow 20,000 10,000 30,000 1,000 Project B Cash Flow 30,000 10,000 20,000 50,000 Use the PI decision rule to evaluate these projects; which one(s) should it be accepte