King's Department Store is considering the purchase of a new machine at a cost of $24,032 The machine will provide $3.700 per year in cash flow for eleven years. King's cost of capital is 12 percent a. What is the IRR? (Use a Financial calculator to arrive at the answers. Round the final answer to the nearest whole percent.) IRR b. Using the IRR method, evaluate this project and indicate whether it should be undertaken Yes ONO