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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $258,000 and will yield

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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $258,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 4 years, and it requires a 10% return on investments. (PV of $1, FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow 2 $ 47,300 53,300) 3 75,300 4 5 94,300 125,300 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 S (258,000) 1 2 3 4 5 0 0 0 0

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