Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $265,000 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 1 2 3 4 5 nmn Cash Flow $123,900 92,400 70,700 53,500 48,800 Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. 2 Determine the nat procent value for this investment 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 $ (265,000) 1 2 0 3 o 4 d 5 0 0 Payback period = 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 (265,000) 1 2 0.8264 $ 0 0 3 0.7513 $ 0 0 4 0.6830 $ $ 0 0 5 0.6209 $ 0 0 $ (265,000) Break-even time = Determine the net present value for this investment. Net present value