Find the modified internal rate of return (MIRR) for a proposed project costing $12,654. Assume that the appropriate cost of capital for projects of this risk level, at this company is 15.16%, and the estimated cash flows for the life of the project are found in the table below.

Year 1	Year 2	Year 3	Year 4	Year 5
$5,866	$9,268	$10,324	$2,417	$3,496