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Rogue River, Inc. is considering a project that has an initial outlay or cost of $160,000. The respective future cash inflows from its four-year project

Rogue River, Inc. is considering a project that has an initial outlay or cost of $160,000. The respective future cash inflows from its four-year project for years 1 through 4 are: $40,000 , $60,000 , $80,000 , and $100,000 respectively. Rogue River uses the internal rate of return method to evaluate projects. Will Rogue River accept the project if its hurdle rate is 17%? PLEASE SHOW WORK (Step by step)

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