Blossom Company is evaluating the purchase of a rebuilt spot welding machine to be used in the manufacture of a new product. The machine will cost $171.000, has an estimated useful life of 7 years and a salvage value of zero, and will increase net annual cash flows by $33,980. Click here to view the factor table. What is its approximate internal rate of return? (Round answer to decimal place, e3, 13%) Internal rate of return %