A company is adding an additional machine to increase its operating capacity. The installed cost of this machine is $1,200,000. As utilization of the new machine ramps up, the company will see changes in revenues, operating costs, taxes, accounts receivable, inventories, accounts payable and other elements of net working capital. Free cash flows expected from adding this machine are forecasted as shown below. At the end of the final year shown, the company plans to sell the machine, netting $19,000 after tax. The company has a 10% cost of capital (i.e., the required rate of return is 10%). What is the internal rate of return of this proposal?

Year 0	Year 1	Year 2	Year 3	Year 4	Year 5
Initial Investment	300,000	325,000	350,000	375,000	400,000

Enter your answer as a percentage rounded to two decimal places, but without the percent symbol. For example, if your answer is 90.1234%, enter 90.12If you have a negative result, enter a negative number.