Billabong Tech uses the internal rate of return$($IRR$)$ to select projects. Calculate the IRR for each of the following projects and recommend the best project based on this measure. Project$$ T$-$Shirt requires an initial investment of $$$$12500$ and generates cash inflows of $$$$8000$ per year for $3$ years. Project Board Shorts requires an initial investment of $$$$20667$ and produces cash inflows of $$$$11000$ per year for $4$ years.