Can someone explain part 2 and 3?

Salsa Company is considering an investment in technology to improve its operations. The investment costs $250,000 and will yield the following net cash flows. Management requires a 10% return on investments. PV of $1, FV of $1. PVA of S1, and PVA of $1 (use appropriate factors) from the tables provided.) Yen Set Caah TioN 1 $ 47,000 2 32,000 75,000 14,000 125,000 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. 4 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the break-even time for this investment. (Enter cash outflows with a minus sign. Round your break-even time answer to 1 decimal place.) Cumulative Year Present Cash Indlow Table Present fouillow factor Value of Cash Flows Value of Cash Flows Initial investment (250,000 1.0000 $ 250,000) $ 250,0001 Year 1 47,000 0.9091 $ 42,728 202 272 Year 2 52,000 0.8254 $ 42,973 Year 3 75,000 0.7513 $ 56,348 Year 4 94,000 0.6830 $ 64,202 Year 5 125.000 0.6209 $ 77,613 143,000 Calculate the break even time Break-even ime Occurs between year and year 5 Calculate the portion of the year Numerator for partialyse $ 64,202 0.5 years Denominator for partial year $ 125,000 Break-even time 45 years