S 11-24 (Algo) Break-even time LO A1 A $108,200 initial investment will generate the following present values of net cash flows. What is the break-even time for this investment? (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Round "Break-even time" answer to 1 decimal place.) Cumulative Present Value of Present Value of Net Cash Flows Net Cash Flows $ (108,200) (70,018) Year Initial investment S (108,200) 1. 38,182 2. 34,789 (35,309) 3. 26,619 (8,691) 4. 28,686 19,995 5. 26,078 46,073 Break-even time years QS 11-17 (Algo) Net present value of annulty and salvage value LO P3 Pablo, Company is considering buying a machine that will yield income of $2,200 and net cash flow of $15,200 per year for three years. The machine costs $45,300 and has an estimated $6,300 salvage value. Pablo requires a 15% return on its investments. Compute the net present value of this investment. (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your present value factor to 4 decimals.) Answer is complete but not entirely correct. Net Cash Flows X PV Factor Present Value of Net Cash Flows Years 1-3 $ 15,200 x 2.2832 34,705 Year 3 salvage S 8.300 x 0.6575 = 4,142 Totals = S 38,847 Initial investment 4,530,000 Net present value $ (045,311)