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Salsa Company is considering an investment in technology to improve its operations. The Investment costs $241,000 and will yield the following net cash flows.

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Salsa Company is considering an investment in technology to improve its operations. The Investment costs $241,000 and will yield the following net cash flows. Management requires a 9% return on investments. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Year Net cash Flow $ 48,200 2 53,900 75,100 4 95,800 5 125,600 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? Complete this question by entering your answers in the tabs below.

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