Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $240,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 4 years, and it requires a 8% 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 Cash Flow $ 48,300 52,400 77,000 95,900 125,400 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. Required 1 Required 2 Required 3 Determine the break-even time for this investment. (Enter cash outflows with a minus sign. Round your bre answer to 1 decimal place.) Year Table factor Cash inflow (outflow) $ (240,000) Present Value of Present Value of Cumulative Cash Flows Cash Flows 0 3 4 Break-even time