Nestor Company is considering the purchase of an asset for $110,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Compute the breakeven time (BET) period for this investment. (Round to two decimal places.) Annual Net Cash Flows Present Value of $1 at 10% 2.91 years. 3.06 years. 2.50 years. 3.97 years. 3.26 years