Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay at $266,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years and it requires a 8% return on its investments. (PV of $1. FV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the table provided.) Period 2 3 4 5 Cash Flow $123,300 92.000 70,400 52,700 47.500 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.) Year Cash Inflow (outflow) Cumulative Net Cash Inflow (outflow) 0 $ (266,000) 1 2 3 4 5 Next 5 of 5 !!!