pter 1 14 1.86 points Required 1 Required 2 Required 3 Saved Determine the break-even time for this investment. (Round your Payback Period answer to 1 decimal place. Ente outflows with a minus sign.) Year eBook Cash inflow (outflow) Table factor Present Value of Cash Flows Cumulative Present Value of Cash Flows 0 $ Print (264,000) 1 References 2 0.8264 $ 0 0 3 0.7513 $ 0 4 06830 S 0 0 5 06209 $ 0 0 $ (264,000) 0 Break-oven time < Required 1 Required 3> Saved Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $264,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years, and it requires a 10% return on its investments. (PV of $1. EVOL$1 PVA of $1, and EVA of S1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $123,800 1 2 92,200 3 70,900 4 52,700 5 47,700 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. Net present value Required 2 Required 5>