Iron Works International is considering a project that will produce annual cash flows of $$38,000,$$$46,700,$$$57,400,$ and $$22,900$ over the next four years, respectively. What is the internal rate of return if the project has an initial cost of $$113,000?$

Multiple Choice

$16\mathrm{.}28\%$

$17\mathrm{.}02\%$

$14\mathrm{.}80\%$

$17\mathrm{.}76\%$

$15\mathrm{.}79\%$