Sandhill Corporation is considering investing in a new facility. The estimated cost of the facility is $1,895,800. It will be used for 12 years, then sold for $713,000. The facility will generate annual cash inflows of $389,200 and will need new annual cash outflows of $159,900. The company has a required rate of return of 7%. Click here to view the factor table. Calculate the internal rate of return on this project. (Round answer to O decimal place, e.g. 13%.) Internal rate of return is Whether the project should be accepted. The project be accepted. do %