Heels, a shoe manufacturer, is evaluating the costs and benefits of new equipment that would custom teach pair of attic shoes The customer would have his or her foot scanned by digital computer equipment this information would be used to cut there materials to provide the customer a perfect fit. The new equipment costs $100,000 and is expected to generate an additional $29.000 in cash flows for 5 years. A bank will make a $100,000 loan to the company at a 10% interest rate for this equipment's purchase. Use the following table to determine the break-even time for this equipment All cash flows occur at year-end. PV of $1 EV SL PVA of $1 and FVA of $1) (Use appropriate factor(s) from the tables provided.) Answer is complete but not entirely correct. Chart Values are Based on: 10% Present Year Cash Inflow (Outflow) py Factor Cumulative Present Value of infow Outflow Value 5 (100,000) 64 549 (100,000) 39,000 39,000 39.000 39,000 39,000 1.0000 0.9090 0.8264 0.7513 0.6830 0.6209- 5 (100,000) 35.451 32.230 29.301 26.637 24 215 47.834 25 Break-even time