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 Pool $ (166,000) Spa $ (111,000) Net cash flows in: Year 1 40,600 32,600 Year 2 56,600 50,600 Year 3 80,895 66,600 Year 4 91,000 72,600 Year 5 65,600 24,600 Compute the Internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) Pool Spa IRR 96 %