Chapter 11 Homework Help 3 Required 1 Required 2 Required 3 5 Ants Determine the break-even time for this Investment. (Enter cash outflows with a minus sign. Round your break-even time answer to 1 decimal place.) 3 00:21:02 eBook Cumulative Present Value of Table factor Cash Flows Present Value of Cash Flows 1.0000 $ (255,000) $ (255,000) 0.9174 $ 43,485 (211,515) 0.8416$ 44,352 (167,163) 0.7721] $ 59.143 (108,020) 0.7084 $ 66.731 (41,289) 0.6499 $ 82,082 40,793 Print Year Cash Inflow (outflow) 0 $ (255,000) 1 47.400 2 52,700 3 76,600 4 94,200 5 126,300 $ 142,200 Calculate the break even time: Break-even time occurs between year: Calculate the portion of the year Numerator for partial year Denominator for partial year forences and year 0.5 years $ 82,082 Break-even time 4.5 years