Barnett Company is trying to determine the internal rate of return (IRR) for a new project. The project has an initial investment of $1,500 and projected to have 3 years of positive cash flows: $600; $900; and $1,300; respectively. What is the estimated IRR of the project? a. -31.813% b. -33.535% c. 31.103% d. 33.535% e. 52.78%