Mac Inc. is looking to acquire a new machine that will cost $$100,000$ and generate after$-$tax cash inflows of $$35,000$ for four years. Mac Inc. uses a $12$ percent opportunity cost of capital.

What is the IRR of the new machine?

$13\mathrm{.}56\%$

$12\mathrm{.}9\%$

$14\%$

$14\mathrm{.}96\%$