Nestor Company is considering the purchase of an asset for $104,000. 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. (Round to two decimal places.) Annual Net Cash Flows Present Value of $1 at 12% Initial investment 1.0000 Year 1 $ 44,000 0.8929 Year 2 $ 44,000 0.7972 Year 3 $ 39,000 0.7118 Year 4 $ 39,000 0.6355 Year 5 $ 34,000 0.5674