Based upon the following cash flows, Using IRR should Famous Als Cookie Company introduce a new product, Rolling In Dough Pies? The initial investment is $180,000, and the cost of capital is 40% and a comparative rate of 50%

1 $80,000

2 $95,000

3 $95,000

4 $110,000

5 $110,000

6 $110,000 (7 marks)