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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial $244,000 and will yield the following expected

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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial $244,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 4 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 t provided.) Period 1 2 3 4 5 Cash Flow $ 48,700 52,000 76,900 95, 100 126,900 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 (outflow) Cumulative Net Cash Inflow (outflow) 0 S (244,000) 1 2 3 4 5 Payback period = Required 1 Required 2 > 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.) Year Table factor Present Value of Cash Flows Cash inflow (outflow) (244,000) Cumulative Present Value of Cash Flows 0 S 1 2 3 4 5 Break-even time = 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

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