Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $253,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 2 years, and it requires a 7% return on investments. (PV of $1, EV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $ 48 , 100 52, 600 76 , 700 94 , 600 126, 800 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. Year Cash inflow Cumulative Net Cash Inflow (outflow) (outflow) 0 $ (253,000) $ (253,000) 48,100 204,900) 2 $2,600 (152,300) 3 76,700 (75,600) 34,600 19,000 5 26,800 145,800 $ 145,800 Calculate the payback period: Payback occurs between year: and year: 0 Payback period = Required 1 Required 2 Required 3 Determine the break-even time for this investment. (Enter cash outflows with a minus sign. R answer to 1 decimal place.) Cash inflow Cumulative Year (outflow) Table factor Present Value of Cash Flows Present Value of Cash Flows 0 (253,000) NJ 0 0 0 Break-even time = Required 1 Required 2 Required 3 Determine the net present value for this investment. Net present value