Problem 11-5A Payback period, break-even time, and net present value LO P1, A1 Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $252,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years, and it requires a 8% return on investments. (PV of S1, FV of $1. PVA of S1, and FVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $ 48,800 52,500 75,300 126,700 1 3 4 94,900 Required: 1. Determine the payback period for this investment 2. Determine the break-even time for this investment 3. Determine the net present value for this investment. Required 1 Required 2 Required 3 Determine the payback period for this investment. (Enter cash outflows with a minus sign, Round your Payback period answer to 1 decimal place.) Year Cash Inflow (outflow) Cumulative Net Cash Inflow (outflow $ (252,000) 0 1 2 3 4 5 Payback period Required 2 > Required 1 Required 2 Required 3 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.) Year Table factor Present Value of Cash Flows Cash Inflow (outflow) $ (252,000) Cumulative Present Value of Cash Flows 0 1 2 3 4 5 Break-even time Period Cash Flow 1 $ 48,800 2. 52,500 3 75,300 4 94,900 5 126,700 WN Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. 3. Determine the net present value for this investment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the net present value for this investment. Not present value