Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $244,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 years, and it requires a 10% return on investments. (PV of $1. Ev of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow 1 48,600 53,100 76,300 95,000 125,300 2 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 Required Required Determine the payback period for this investment. (Enter cash outflows with a minus sign 2 3 Round your Payback Period answer to 1 decimal place.) Cash inflow Cumulative Net Cash Inflow Year (outflow)(outflow) $(244,000) 2 4 Payback period Required 1 Required 2