Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company is able to reinvest cash flows received from the project at an annual rate of 14.18 percent. The initial outlay is $439,200.

Year 1: $184,100

Year 2: $174,300

Year 3: $167,500

Year 4: $176,100

Year 5: $155,100