Find the modified internal rate of return (MIRR) for a proposed project costing $15,887. Assume that the appropriate cost of capital for projects of this risk level, at this company is 15.07%, and the estimated cash flows for the life of the project are found in the table below. (If you calculate an MIRR of 20.22%, please enter 20.22 - do not include the % symbol, and use at least two decimal places).

Year 1	Year 2	Year 3	Year 4	Year 5
$8,717	$8,128	$4,901	$8,890	$7,947