Salsa Company is considering an investment in technology to improve its operations. The investment costs $250,000 and will yield the following net cash flows. Management requires a 10% return on investments. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Year Net Cash Flow 1 2 3 $ 47,000 52,000 75,000 4 94,000 125,000 Required: 1. Determine the payback period for this investment. 2. Determine 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? ces Required 2 Required 3 Required 4 Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.) Year Net Cash Flows Initial investment $ (250,000) Year 1 47,000 Year 2 52,000 Year 3 75,000 Year 4 94,000 Year 5 125,000 Payback period= Cumulative Net Cash Flows years Required 2 > < Prev 8 of 9 Next >