$(5)$ Computation of IRR

A B

$1$

Year

Cash Flow

$2$

$0$

$-1000000$

$3$

$1$

$334000$

$4$

$2$

$352000$

$5$

$3$

$304000$

$6$

$4$

$424000$

$7$

$5$

$654000$

$8$

IRR

$26\mathrm{.}58\%$

Kindly show the workings on IRR