Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $250,000 and will yield the following expected cash flows. Management requires investments to have a payback period of three years, and it requires a 10% return on investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Period 1 2 3 4 5 Cash Flow $ 47,000 52,000 75,000 94,000 125,000 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. > Answer is not complete. 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) 0 S 1 Cumulative Net Cash Inflow (outflow) (250,000) (203,000) (151,000) (76,000) 18,000 143,000 $ (250,000) 47,000 52,000 75,000 94,000 125,000 2 3 4 5 $ 143,000 Calculate the payback period: Payback occurs between year: 0 and year: 0 S $ OX 0 X Payback period = 0 x