Please show all steps and specify which part of the problem is being answered. If using excel, please list all steps/ formulas. (screenshots are also helpful!)

2. Tinker Tools, Inc. is considering a project with the following cash flows. Calculate the MIRR of the project assuming a reinvestment (discount) rate of 8%. Year 0 1 Cash Flows ($70,000) $55,000 ($40,000) $60,000 $100,000 2 3 4