Gibson Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the company's cash outtlow for operating expenses by $1,278,000 per year. The cost of the equipment is $5,551,10930. Gibson expects it to have a 8.year useful life and a zero salvage value. The company has established an investment opportunity hurdle rate of 15 percent and uses the straight-line method for depreciation. (PV of S1 and PVA at Si) Note: Use oppropriate factor(s) from the tables provided, Required a. Calculate the internal rate of return of the investment opportunity. Note: Do not round intermediate calculations. b. Indicate whether the investment opportunity should be accepted