Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $254,000 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, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow 1 $ 47,600 2 52,200 3 75,300 4 95,600 5 126,400 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. 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.) Cash inflow Cumulative Net Cash Year (outflow) Inflow (outflow) 0 $ (254,000) 1 2 3 4 5 Payback period = < Required 1 Required 2 > 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.) Year Cash inflow (outflow) Present Value of Table factor Cumulative Present Value of Cash Flows Cash Flows 0 $ (254,000) 1 2 3 4 5 Break-even time = < Required 1 Required 3 > Required 1 Required 2 Required 3 Determine the net present value for this investment. Net present value < Required 2 Required 3 >