Bonita Corporation is considering two alternative investments in excawating equipment. Investment A requires an initial investment of $182.100, has positive cash flows of $27,900 per year, and has an estimated salvage value of $21,200. linestment B requires an initial investment of $230,300, has positive cash flows of $32,200 per vear, and has an estimated salvage value of $19,100. Each piece of equipment is expected to have a 13 -year useful life. Use a financial calculator to determine the internal rate of roturn of each project to decide which is more desirable. (Round answer to 2 decimal places, es. 25.25.)