Salsa Company is considering an investment in technology to improve its operations. The investment costs $249,000 and will yield the following net cash flows. Management requires a 8% 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 Net cash Flow 1 $ 47,966 2 53,366 3 75,666 4 94,366 5 125,769 Required: 1. Determine the payback period for this investment. 2. Determine the breakeven 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? Required 1 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 emula\" Net cash Initial investment $ (249.000) Year 1 41900 Year 2 53: 300 Year 3 76300 Year 4 94: 300 Year 5 125.700 Payback period =[ l Required 2 > Required 1 Required 2 Required 3 Required 4 Determine the break-even :ime for this investment. (Enter cash outflows with a minus sign. Round your breakeven time answer to 1 decimal place.) Cumulative Year Net Cash Flows mm "3"\" 7 Wows\" \"Y2: Present Value of CW" Per Net Cash Flows Initial investment Breakeven time = Required 1 Required 2 Required 3 Required 4 Determine the net present value for this investment. Net present value Required 1 Required 2 Required 3 Required 4 Should management invest in this project based on net present value? Should management invest in this project based on net present value?