Brief Exercise 26-11 Kanye 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 $176,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $38,564 What is its approximate internal rate of return? (Round answer to O decimal place, e.g. 125.) Internal rate of return