Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $266,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 2 years, and it requires a 8% return on its investments. (PV of $1. FV of $1. PVA of S1, and EVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $125,00 92,600 70,700 54,000 48.400 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. Required 1 Required 2 Required 3 Determine the payback period for this investment. (Round your Payback period answer to 1 decimal place. Enter cash outflows with a minus sign.) Year Cash inflow (outflow) $ (266,000) Cumulative Net Cash Inflow (outflow) 2 3 Payback period Required 1 Required 2 Required 3 Determine the break-even time for this investment. (Round your Payback period answer to 1 decimal place. Enter cash outflows with a minus sign.) Year Table factor Cash inflow (outflow) $ (266,000) Present Value of Cumulative Present Value of Cash Flows Cash Flows 0 WN- 0.8573 0.7938 0.7350 0.6806 Break-even time = Regulieu. 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the net present value for this investment. Net present value