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5 Required Information [The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $27,160 and provides expected cash inflows of $8,200 annually for four years. Assume Park Co. requires a 7% return on its investments. 8 00:06:45 1-a. What is the internal rate of return? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on its internal rate of return, should Park Co. make the investment? Complete this question by entering your answers in the tabs below. Required 1A Required 1B What is the internal rate of return? Present value factor Internal rate of retum 3.3122 81% Required 1A Required 1B >