Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $245,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 4 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	Cash Flow
1		$	48,500
2			53,700
3			76,700
4			95,600
5			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 15 polnts Determine the payback period for this investment. (Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place.) Cumulative Net Cash Inflow (outflow Cash inflow Year (outflow) 0 (245,000) 1 2 0 3 0 4 5 0 Payback period Required 1 Required 2 Required 3 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.) Cumulative Present Value of Present Value of Cash inflow Year Table factor (outflow) Cash Flows Cash Flows C (245,000) 1 2 3 0 4 0 5 0 Break-even time Period Cash Flow 48,500 1 6 53,700 76,700 95,600 125,400 3 4 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 th Required 1 Required 2 Required 3 Determine the net present value for this investment. Net present value mst n