Park Co. is considering an investment that requires immediate payment of $37,000 and provides expected cash inflows of $8, 540 annually for six years. Assume Park Co. requires a 8% return on its investments. (FV of $1, PV of $1, FVA of $1 and FVA of $1) (Use appropriate factor(s) from the tables provided.) What is the internal rate of return? (Round your present value factor to 4 decimals and your Internal rate of return to 2 decimals.)