A shoe manufacturer is evaluating new equipment that would custom fit athletic shoes. The new equipment costs $108.000 and will generate $41.000 in net cash flows for five years. (PV of $1. FV of $1. PVA of $1, and FVA of $11 (Use appropriate factor(s) from the tables provided.) (Negative cumulative cash flows should be Indicated with a minus sign. Round your present value factor to 4 decimals and break-even time answers to two decimal places.) Determine the break-even time for this equipment. Chart Values are Based on: Year Net Cash Flow X Present Value of 1 at 10% 1.0000 = Present Value of Net Cash Flows S (108.000) Cumulative Present Value of Net Cash Flows $ (108,000) $ (108,000) Initial investment Year 1 Year 2 Year 3 Year 4 Year 5