Salsa 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.) Net cash Year Flow 1 $ 48.600 2 53,400 3 76.400 4 94,400 5 125,300 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. 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.) 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 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 Cumulative Net Flows Cash Flows Initial investment $ (253,000) Year 1 48,600 Year 2 53,400 Year 3 76,400 Year 4 94,400 Year 5 125,300 Payback period = 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 Required 3 Required 4 Determine the break-even time for this investment. (Enter cash outflows with a minus sign. Round your break-even time answer to 1 decimal place.) Present Value of Cumulative Year Net Cash Flows Present Value of 1 at 7% Net Cash Flows Present Value of per Year Net Cash Flows Initial investment $ (253,000) Year 1 Year 2 Year 3 Year 4 Year 5 Break-even time = years 76, 400 UI AW 94, 400 125, 300 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. Required 1 Required 2 Required 3 Required 4 Required 3 Determine the net present value rui unis investment. Net present value vv, .v- s 76, 400 4 94, 400 5 125. 300 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. 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? I