N Schaueffle Machines, Inc., has a project with the following cash flows. The company evaluates all projects by applying the IRR rule. 10 points Year Cash Flow 0 $28,400 1 12,400 2 15,400 3 11,400 eBook Print a. What is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the appropriate interest rate is 15 percent, should the company accept the project? References a. IRR % b. Accept project