A company wishes to buy new equipment for $12,000. The equipment is expected to generate an additional $3,700 in cash inflows for six years. All cash flows occur at year-end. A bank will make a $18,000 loan to the company at a 12% interest rate so that the company can purchase the equipment. Use the table below to determine break-even time for this equipment: a. Break-even time is between two and three years. b. Break-even time is between three and four years. c. Break-even time is between four and five years. d. Break-even time is between five and six years