Problem 24-6A Payback period, break-even time, and net present value LO P1, A1 Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $250,000 and will yield the following expected cash flows. Management requires investments to have a payback period of three years, and it requires a 10% return on its investments. (PV0f$1. Evof$1.VAof$1, and EVA of$1) (Use appropriate factor(s) from the tables provided.) Period Cash Flow 1 $125,000 94,000 75,000 52,000 47,000 4 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. Requried 1Required 2 Required 3 Determine the payback period for this investment. (Round your Payback Period answer to 1 decimal place. Enter cash outflows with a minus sign.) Cash inflow Cumulative Net Year Cash Inflow (outflow) (outflow) $ (250,000) 2 4 Payback period Required 2> Requried 1Required 2Required 3 Determine the break-even time for this investment. (Round your Payback Period answer to 1 decimal place. Enter cash outflows with a minus sign.) Cumulative Present Value of Present Value of Cash inflow (outflow) Table factor Cash Flows Year Cash Flows (250,000) 4 Break-even time Requried1 Required3 > Requried 1 Required 2 Required 3 etermine the net present value for this investment. Net present value Required 2 Required 3