Two new software projects are proposed to a young, start$-$up company.

The Alpha project will cost $$440,000$ to develop and is expected to have annual net cash flow of $$60,000.$

The Beta project will cost $$260,000$ to develop and is expected to have annual net cash flow of $$32,000.$

The company is very concerned about their cash flow.

Calculate the payback period for each project. Which project is better from a cash flow standpoint? $($Round your answers to $2$ decimal places.$)$

Payback period for project Alpha

$\_\_\_\_\_$ years

Payback period for project Beta $\_\_\_\_\_$ years

The better project is $\_\_\_\_\_\_$