LaSalle Industries is considering the purchase of a new strapping machine, which will cost $150,000. The new machine will have a 5-year useful life and will be depreciated to zero using the straight-line method. The machine is expected to generate new sales of $45,000 per year and is expected to have $6,000 annual cost over the next 5-years. LaSalle's income tax rate is 35%. What is the machine's IRR?