Management of Sycamore Home Furnishings is considering acquiring a new machine that can create customized window treatments. The equipment will cost $314,550 and will generate cash flows of $96,750 over each of the next six years. If the cost of capital is 12 percent, what is the MIRR on this project?(Round intermediate calculations to 4 decimal places, e.g. 1.2514. Round answer to 2 decimal places, e.g. 15.25%.)