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. Pool $ (166,000) Spa $ (111,000) Initial investment Net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 40,600 56,600 80,895 91,000 65,600 32,600 50,600 66,600 72,600 24,600 Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) IRR Pool % Spa %