You are considering two mutually exclusive projects. Project A has cash flows of $-$$$72,000,$$$21,400,$$$22,900,$ and $$56,300$ for Years $0$ to $3,$ respectively. Project B has cash flows of $-$$$81,000,$$$20,100,$$$22,200,$ and $$74,800$ for Years $0$ to $3,$ respectively. Both projects have a required $2\mathrm{.}5-$year payback period. Should you accept or reject these projects based on payback analysis?

Accept Project A and reject Project B

Reject Project A and accept Project B

Accept both Projects A and B

Reject both Projects A and B

You cannot apply the payback method to these projects.