Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $262.000 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. Ey of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the table provided.) Period 00 2 Cash Flow 5124,000 92,980 70, 100 53,200 47,900 5 Required: 1. Determine the payback period for this investment 2. Determine the break-even time for this investment 3. Determine the represent 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 Intlow (outflow) 0 $ (262.000) 1 2 0 3 0 4 0 0 105 SEE Saved pter 24 Quiz 0 3 0 4 0 5 1 0105.04 Payback period Required 2 > Soved 24 Quiz Table factor Present Value of Cumulative Present Value of Cash Flows Cash Flows Year 1 Cash inflow Toutflow) $ (262,000) 0 1 $ 0 olo 2 0 3 0100 0.8264 0.7513 $ 0.6830 $ 0.62095 0 0 4 0 0 5 (262.000) 0 Brebevon time Required Required 3 > 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 24 Determine the net present value for this investment. Neve