Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $264,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 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 1 2 3 Canh Flow $123,100 92,500 70,200 53,900 48,500 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 Cumulative Net (outflow Cash Inflow foutflow) 0 $ (264,000) 1 2 3 4 5 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) $ (264,000) Cumulative Net Cash Inflow (outflow) 0 1 2 3 4 5 Payback period Required 2 > 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 Requiremt 2 Required 3 Required 2 Determine the break or this investment. (Round your Payback period answer to 1 decimal place. Enter cash outflows with a minus sign.) Year Table factor Cash inflow (outflow) $ (264,000) Present Value of Cash Flows Cumulative Present Value of Cash Flows 0 1 2 0.8264 0.7513 3 4 0.6830 0.6209 5 Break-even time 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 prenent value