King's Department Store is considering the purchase of a new machine at a cost of $17,180. The machine will provide $3,300 per year in cash flow for seven years. King's cost of capital is 12 percent a. What is the IRR? (Use a Financiol 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 No