A shoe manufacturer is evaluating new equipment that would custom fit athletic shoes. The new equipment costs $107,000 and will generate $43,000 in net cash flows for five years. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (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: i = Present Year Net Cash Flow x Value of 1 at 10% Initial investment $ (107,000) X 1.0000 = Year 1 43,000 Year 2 43,000 X Year 3 Year 4 Present Value Cumulative Present of Net Cash Value of Net Cash Flows Flows $ (107,000) $ (107,000) GA II Year 5