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 4 years, and it requires a 10% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $123,500 1 2 92,200 70,300 53,600 48, 700 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. Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 Determine the payback period for this investment. (Round your Payback Period answer to 1 decimal place. Enter cash outflows with a minus sign.) Cumulative Net Cash Inflow Cash inflow Year (outflow) (outflow) S (266,000) 4 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.) Cumulative resent Value of Present Value of Cash inflow Year (outflow) Cash Flows Cash Flows (266,000) 0.8264 $ 0.7513S 0.6830 S 0.6209 S (266,000) Break-even time K Required 1 Required 3 > Required 1Required 2Required 3 Determine the net present value for this investment. Net present value