Save & Exit Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $242,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years, and it requires a 9% return on investments. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the table provided.) Period 1 2 3 4 5 Cash Flow $ 48,000 52,600 75,600 94,900 126,900 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the payback period for this investment (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.) Year Cash inflow Cumulative Net Cash (outflow) Inflow (outflow) $ (242,000) o 1 2 Help Save & Exit Submit 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback period answer to 1 decimal place.) Year Cash inflow Cumulative Net Cash (outflow) Inflow (outflow) $ (242,000) 0 1 2 3 4 5 Payback period 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the break-even time for this investment. (Enter cash outflows with a minus sign. Round your br answer to 1 decimal place.) Year Cash inflow (outflow) Table factor Present Value of Cash Flows Cumulative Present Value of Cash Flows 0. $ (242,000) 1 2 3 4 5 Break-even time = Help Period 1 2 3 4 5 Cash Flow $ 48,000 52,600 75,600 94,900 126,900 Required: 1. Determine the payback period fo this investment 2. Determine the break-even time for this investment. 3. Determine the net present value for this investment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the net present value for this investment. Net present value