Olive Corporation is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net cash flow of $252,800. The equipment will have an initial cost of $1,304,200 and an 8-year useful life with no salvage value. If Olives cost of capital is 10%, what is the internal rate of return? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1)