(Related to Checkpoint 11.4) (IRR calculation) Determine the internal rate of return on the following project: An initial outlay of $10,500 resulting in a cash inflow of $1,900 at the end of year 1, $5,100 at the end of year 2, and $7,600 at the end of year 3. This project's internal rate of return is 1% (Round to two decimal places )