Gore Global is considering the two mutually exclusive projects below.The cash flows from the projects are summarized below.

Year ManBearPig Project Cash Flow Flying Car Cash Flow

0 -$100,000 -$200,000

1 25,000 50,000

2 25,000 50,000

3 50,000 80,000

4 50,000 100,000

What is the ManBearPig's internal rate of return (IRR) at a 12% cost of capital?

A.10.0%

B.12.7%

C.13.0%

D.15.9%

E.14.6%