Nestor Company is considering the purchase of an asset for $100,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Compute the break-even time (BET) period for this investment. Present Value of $1 at 10% Annual Net Cash Flows Year 0 1.0000 Year 1 $40,000 .9091 Year 2 $40,000 .8264 Year 31 $35,000 .7513 Year 4 $35,000 .6830 Year 5 $30,000 .6209 Multiple Choice 317 years 2.85 years 2.98 years 2.57 years 3.62 years