$3.$ A project has an initial requirement of $$830,000$ for fixed assets and $$80,000$ for net working capital. The fixed assets will be depreciated to a zero book value over the $5-$year life of the project and have an estimated salvage value of $$200,000.$ All of the net working capital will be recouped at the end of the $5$ years. The annual operating cash flow is $$215,000.$ What is the project$$s internal rate of return if the tax rate is $35$ percent? $(11\mathrm{.}36\%)$