You are the project manager for the Jazz by the Bay Club(JCB) chain, with stores in 12 states. JBC is considering opening a new club in Kansas City or New Jersey. You have derived the following information: Project Kansas City: The payback period is 27 months, and the IRR is 35 percent. Project New Jersey: The payback period is 25 months, and the IRR is 32 percent. Which project should you recommend to the selection committee?