Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $269,000 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 FVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $123,800 92,000 70, 400 53,600 47, 400 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. Reguired 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.) Cash inflow Cumulative Net YU 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 foutflow) $ (269,000) Cumulative Net Cash Inflow outflow) 2 Payback period = Required 2 > Determine the break-even time for this investment. (Round your Payback period answer to 1 decimal place. Enter cash soutflows with a minus sign..... Year Cash inflow (outflow) (269,000) Table factor Present Value of Cash Flows Cumulative Present Value of Cash Flows 0 5 0.8573 0.7938 0.7350 0.6806 $ $ 5 $ $ (269,000) Break-even time =