Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 9% return from its investments. Pool Spa Initial investment $ (161,000) $ (106,000) Net cash flows in: Year 1 40,100 32,100 Year 2 56,100 50,100 Year 3 80,395 66,100 Year 4 90,500 72,100 Year 5 65,100 24,100 Compute the internal rate of return for each of the projects using excel functions. Note: Round your answers to 2 decimal places