Professor Hill Company is considering an investment in technology to improve its operations. The investment costs $253,000 and will yield the following net cash flows. Management requires a 7% return on investments. (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1 2 3 4 Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. Net cash Flow $ 48,500 52,100 75,000 95,200 126,500 3. Determine the net present value for this investment. 4. Should management invest in this project based on net present value? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Year Initial investment Year 1 Year 2 Year 3 Year 4 Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.) Required 3 Net Cash Flows $ Required 4 (253,000) 48,500 52,100 75,000 95,200 Cumulative Net Cash Flows

Professor Hill Company is considering an investment in technology to improve its operations. The investment costs $253,000 and wit. yfeld the following net cesh nows. Management requires a 7% return on imvestments. (PV of S1, EV of S1, QVA of SI, and EVA of SI) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the payback period for this investment. 2. Detcrmine the break-even time for this investment. 3. Determine the net present value for this investment. 4. Should management invest in this project based on net present value? Complete this question by entering your answers in the tabs below. Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.)