FutureBuild Corp. is considering a project that would have a start$-$up cost of $$450,000.$ Free cash flow for the first year of operation would be $$45,000$; for the second year, it would be $$130,000$; for the third year it would be $$260,000$; for the fourth year, it would be $$85,000$; and for the fifth and final year, it would be $$50,000$ along with a salvage value of $$7,000.$ FutureBuild Corp. discounts the free cash flows from new projects at its weighted average cost of capital, which is $8\mathrm{.}45\%.$

The internal rate of return of the project is $\_\_\_\_\_\_\%.$