Edit View History Bookmarks Poople Window Help r10- Making Capital tps:/ Channing N Netflix. Watch T Ewu canvas ion Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It doe Problem 10-16 Project Evaluation [LO1 Your firm is contemplating the purchase of a new $520,000 computer-based order entry system. The system will be depreclated straight-line to zero over its five-year life. It will be worth $56,000 at the end of that time. You will save $155,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $81000 (this is a one-time reduction). If the tax rate is 22 percent, what is the IRR for this project? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g, 32.16) 8 Answer is complete but not entirely correct. IRR 2084 0