Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $244,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 4 years, and it requires a 8% return on investments. (PV of St. FV of $1. PVA of S1, and FVA of $1 (Use appropriate factor(s) from the table provided.) Period Cash Flow 1 $ 47,800 2 53,100 3 75,500 4 94,900 5 125,000 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 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 (outflow Inflow (outflow) $ (244,000) $ 244,000 0