Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $263,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 2 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 1 58:45 $123,600 2 92,400 3 70,900 4 52,400 5 48,900 ok ences 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 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.) Cumulative Net Year Cash inflow (outflow) Cash Inflow (outflow) 0 $ (263.000) 1 2 3 4 5 Complete this question by entering your answers in the tabs below. 57:27 Required 1 Required 2 Required 3 ok 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 Year Cash inflow (outflow) Cash Inflow (outflow) ences 0 $ (263,000) 1 2 3 4 5 Payback period = Required 2 >> de for this investment. 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. (Round your Payback Period answer to 1 decimal place. Enter cash outflows with a minus sign.) Year Cash inflow (outflow) Table factor Present Value of Cash Flows Cumulative Present Value of Cash Flows 0 $ (263,000) 1 2 3 4 5 Break-even time = 0.8264 0.7513 0.6830 0.6209 < Required 1 Required 3 > Period Cash Flow 1 $123,600 2 92,400 3 70,900 4 52,400 5 48,900 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 1 Required 2 Required 3 Determine the net present value for this investment. Net present value