Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $256,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 3 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
1		$	47,400
2			52,800
3			76,600
4			95,800
5			125,100

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 (outflow)	Cumulative Net Cash Inflow (outflow)
0	$(256,000)
1
2		0
3		0
4		0
5		0
			0
Payback period =

• Required 1
• Required 2

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 (outflow)	Cumulative Net Cash Inflow (outflow)
0	$(256,000)
1
2		0
3		0
4		0
5		0
			0
Payback period =

• Required 1
• Required 2

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 (outflow)	Cumulative Net Cash Inflow (outflow)
0	$(256,000)
1
2		0
3		0
4		0
5		0
			0
Payback period =

• Required 1
• Required 2

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 (outflow)	Cumulative Net Cash Inflow (outflow)
0	$(256,000)
1
2		0
3		0
4
5		0
			0
Payback period =

Complete this question by entering your answers in the tabs below.

• Required 1
• Required 2
• Required 3

Determine the net present value for this investment.

Net present value

• Required 2
• Required 3