Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 10% return from its investments. Initial investment Net cash flows in: Pool $ (177,000) Spa $ (122,000) Year 1 Year 2 Year 3 Year 4 Year 5 41,700 57,700 81,995 92,100 66,700 33,700 51,700 67,700 73,700 25,700 Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) IRR Pool Spa % %