please explain! , having a very hard time understanding how to do this and looking at other examples why they are doing what they doing , please be thorough, thank you so much !!!

Weygandt, Managerial Accounting, 8e MANAGERIAL ACCOUNTING (ACC Assignment Gradebook ORION Downloadable eTextbook CALCULATOR MESSAGE HY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEX Brief Exercise 12-8 era Corporation is considering investing in a new facility. The estimated cost of the facility is $1.904.630. It will be used for 12 years, then sold for $713,200. The facility will generate annual cash inflows of $370,700 and will need new annual cash outflows of $155,600. The company has a required rate of return of 7%. Click here to view Pl_table Calculate the internal rate of return on this project. (Round answer to o decimal place, .g. 13% Internal rate of return is T Whether the project should be accepted. The project 3 be accepted Click If you would like to show Work for this question: Modify Show Work Question Attempts: 0 of 3 used AVE FOR LATER SUBMIT ANSWER I 2000-2020 hn W . Sons, Inc. All Rights Reserved. A Division of John Wilsons. In