$($IRR with uneven cash flows$)$

The Tiffin Barker Corporation is considering introducing a new currency verifier that has the ability to identify counterfeit dollar bills. The required rate of return on this project is $12$ percent. What is the IRR on this project if it is expected to produce the following free cash$$ flows:

Initial outlay $-1,062,381$

FCF in year $1280,000$

FCF in year $2300,000$

FCF in year $3300,000$

FCF in year $4280,000$

FCF in year $5280,000$

FCF in year $6100,000$

The IRR on this project is$\_\_\_\_\%.(($Round to two decimal$$ places.$)$