Please solve, Thank you!

Racp Hardware is adding a new product line that wil require an invesiment of $1,454,000, Managers estimate that this irvestment will have a 10 year Mfe and generade net cash intlows of $320,000 the firstyear, 5290,000 the second year, and $230,000 each year thereafter for eight years. Assume the project has no residual value. Compute the AfR for the investinent. Round to two places