Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) Park Co. is considering an investment that requires immediate payment of $27,215 and provides expected cash inflows of $8,400 annually for four years. Assume Park Co. requires a 8% return on its investments. QS 26-3 Internal rate of return LO P4 1-a. What is the internal rate of return? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Based on its internal rate of return, should Park Co. make the investment? Complete this question by entering your answers in the tabs below. Required 1A Required 1B What is the internal rate of return? Required 1A Required 1B > Future value factor Internal rate of return Present value factor Required 1A Required 1B What is the internal rate of return? (Required 1A Required 1B > Future value factor Internal rate of return Present value factor Required 1A Required 1B Based on its internal rate of return, should Park Co. make the investment? Based on its internal rate retum, should Park Co. make the investment?