Ingram Electric is considering a project with an initial cash outflow of $$800,000.$ This project is expected to have cash inflows of $$350,000$ per year in years $1,2,$ and $3.$The company has a WACC of $8\mathrm{.}05\%$ which is used as its reinvestment rate. What is the project's modified internal rate of return $($MIRR$)?$