Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is $12$ percent, and that the maximum allowable payback and discounted payback statistics for your company are $3$ and $3\mathrm{.}5$ years, respectively.

Time: $012345$

Cash flow: $$$$230,000$ $$65,300$ $$83,500$ $$140,500$ $$121,500$ $$80,700$

Use the MIRR decision rule to evaluate this project.

Note: Do not round intermediate calculations and round your final answer to $2$ decimal places.