Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $248,000 and will yield the following expected cash flows, Management requires investments to have a payback period of 2 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 $ 47,200 53,700 75,400 94,600 125,200 1 2 3 4 5 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. 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 (outfow) (outflow) (248,000) 0 $ 1 2 0 3 4 0 0 0 5 Payback period Year Table factor Cash inflow (outflow) (248,000) Present Value of Cash Flows Cumulative Present Value of Cash Flows 0 $ 1 2 3 0 4 0 5 0 0 Break-even time = Determine the net present value for this investment. Net present value