A company is considering buying a new piece of machinery that costs $20,000 and has a salvage value of $9,000 at the end of its 5-year useful life. The machinery nets $5,000 per year in annual revenues. MARR = 8%. The internal rate of return (IRR) on this investment is between A. 2% -3% B. 6% - 7% C. 14% - 15% D.17% - 18% E. 11% -12%