Sheridan Corporation is considering investing in a new facility. The estimated cost of the facility is $1,818,700. It will be used for 12 years, then sold for $716,000. The facility will generate annual cash inflows of $373,400 and will need new annual cash outflows of $155,000. 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 %