5) Alyeska Salmon Inc., a large salmon canning firm operating out of Valdez, Alaska, has a new automated production line project it is considering. The project has a cost of $205,000 in year 1 and $20,000 in year 2 , and is expected to provide after- tax annual cash flows of $78,300 for the subsequent seven years. The firm's management is uncomfortable with the IRR reinvestment assumption and prefers the modified IRR approach. You have calculated a cost of capital for the firm of 14 percent. What is the project's MIRR? Would you accept or reject the project