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Payback, Accounting Rate of Return, Net Present Value, Internal Rate of Return Follow the formst shown in Exhibit 128.1 and Exhibit 128.2 es you complete the requirement below. Woodard Company wants to buy a numerically controlled (NC) machine to be used in producing specialy machined parts for manufacturers of trenching machines. The outloy required is $487,114. The NC equipment will last five years wath no expected salyage value. The expected after-tax cash fows associated with the project follow: Required: Compute the Irvestment's Internal Rate of return. Enter as a percent. If required, round your answer to the nearest whole percent. tRR=