Two mutually exclusive projects are under consideration. Year Project A Project B 0 -$5,000 -$10,000 1 $1,000 $1,500 2 $1,500 $2,500 3 $2,000 $3,500 4 $2,500 $4,500 5 $3,000 $5,500 A) Calculate the payback period for each and make a selection. B) Using the Incremental EUAW analysis, which project do you choose if the MAR?C) Explain any differences in results.

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.