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$$ T$-$Shirt requires an initial investment of $$$$22,000$ and generates cash inflows of $$$$8,000$ per year for $6$ years. Project Board Shorts requires an initial investment of $$$$33667$ and produces cash inflows of $$$$12,500$ per year for $7$ years.The IRR of project$$ T$-$Shirt is enter your response here$\%.$