Please assist.. Kicking It Corp. is planning to open a football camp in Arizona, which will require a land purchase and facilities development that includes fields, sleeping and dining facilities, maintenance equipment and other capital expenditures. Each year, the camp will run for eight one-week sessions. The company will also incur operational expenses. The estimates in the following table have been shared with company leadership and investors: Estimated Figures

Land $300,000

Facilities $600,000

Annual Cash Flow (150 total yearly players' fees) $920,000

Annual Cash Outflows $840,000

Estimated Useful Life of Facilities 20 years

Facilities Salvage Value $1,500,000

Discount Rate 8%

The camp has been running for five years. During those years, the annual net cash flows each year were only $40,000. The company is running low on cash, and management has decided to sell the property for $1,332,000.

Complete the following:

calculate the Internal Rate of Return (IRR) of the project.