Apply WACC in IRR. Leeward Sailboats is reviewing the following new boat line: T2 T3 Click on the Icon in order to copy its content into a spreadsheet. Category T1 Investment - $8,962,790 Net working capital change - $495,000 Operating cash flow $2,973,000 Salvage $3,539,000 $495,000 $4,162,000 $595,000 At what adjusted WACCs will the company accept this project? Hint: Find the IRR of the project, and use it as the maximum adjusted WACC for accepting the project. What is the IRR of the project? 8.75% (Round to two decimal places.)