Problem 7-26 (algorithmic) Question Help := An assembly operation at a software company currently requires $106,000 per year in labor costs. A robot can be purchased and installed to automate this operation, and the robot will cost $204,000 with no MV at the end of its 10-year life. The robot, if acquired, will be depreciated using SL depreciation to a terminal BV of zero after 10 years. Maintenance and operation expenses of the robot are estimated to be $72,000 per year. The company has an effective income tax rate of 25%. Invested capital must earn at least 7% after income taxes are taken into account. a. The after-tax IRR under the SL method is %. (Round to one decimal place.)