A company wishes to buy new equipment for $14,500. The equipment is expected to generate an additional $4,300 In cash Inflows for six years. All cash flows occur at year-end. A bank will make a $24,000 loan to the company at a 10% Interest rate so that the company can purchase the equipment. Use the table below to determine break-even time for this equipment: Year 1 2 3 Present Value of 1 at 10% 1.0000 0.9991 0.8264 0.7513 0.6830 0.6209 0.5645 4 5 6 Multiple Choice Break-even time is between two and three years. Break-even time is between three and four years O U Break-even time is between four and five years. Break-even time is between five and six years. O O This project will never break-even