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, (PV of $1. FV of $1. PVA of $1, and EVA of 51) (Use appropriate factor(s) from the tables provided.) Period Cash Flow 1 $125,000 94,000 75,000 52,000 47,000 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. Requrled 1 Required 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.) Year Cash inflow foutlow) (250,000) Cumulative Net Cash Intlow (outflow) 10 YUCOLIVI VY CHILE.yyuu na LON VOI Requried 1 Required 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.) Year Cash inflow (outflow) Cumulative Net Cash Inflow (outflow) $ (250,000) WN - Payback period Requrled 1 Required 2 > Requried 1 Required 2 Required 3 Determine the break-even time for this investment. (Round your Payback period answer to 1 decimal place. Ent outflows with a minus sign.) Year Cash inflow (outflow) Table factor Present Value of Cash Flows Cumulative Present Value of Cash Flows (250,000) Break-even time = MOJCIC value IUI LIIS Investment. Complete this question by entering your answers in the tabs bi Requried 1 Required 2 Required 3 Determine the net present value for this investment. Net present value