Two mutually exclusive projects are under consideration with the details shown. The company's 'required rate of return for projects of this risk level is 13%. using this information, answer the questions below: Year Project A Project B 0 (390,000) (62,000) 1 54,000 29,000 2 77,000 27,000 3 69,000 23,500 4 454,000 18,600 A) Calculate the payback period for each project. Round to two decimals. Project A Project B B) Based on the result of the payback calculation, which project would you recommend? Answer with the letter A or B only.