please explain step by step how you get the answer

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 4.5 years, respectively. IRR Use the IRR decision rule to evaluate this project; should it be accepted or rejected? The IRR for this project will be the solution to