Peloton is contemplating the purchase of a new $$485,000$ computer$-$based order entry system. The system will be depreciated straight$-$line to zero over its five$-$year life. It will be worth $$35,000$ at the end of that time. The system will save $$140,000$ before taxes per year in order processing costs, but Peloton must invest an additional $$25,000$ in working capital. If the tax rate is $24$ percent, what is the IRR for this project? USING THE TEMPLATE

IRR $=10\mathrm{.}99\%$