What years do the payback occur between as well as the 3required sections.

Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $248,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years, provided.) and it requires a 8% return on investments. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the table Period Cash Flow :57 1 $ 48, 200 54, 000 75, 400 95, 900 125, 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