ES aExercise 26-5 Bruno Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $428,100. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $113,120 for the next | 6 years. Management requires a 10% rate of return on all new investments. Click here to view PV table Calculate the internal rate of return on this new machine. (Round answer to O decimal places, e.g. 10. For calculation purposes, use 5 decimal places as displayed in the factor table provided.)