Salsa Company is considering an investment in technology to improve its operations. The investment costs $$243,000$ and will yield the

following net cash flows. Management requires a $9\%$ return on investments. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

Required:

Determine the payback period for this investment.

Determine the break$-$even time for this investment.

Determine the net present value for this investment.

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 $2$

Determine the payback period for this investment.

Note: Enter cash outflows with a minus sign. Round your Payback Period answer to $1$ decimal place.