Solo Corp. is evaluating a project with the following cash flows:

Year	Cash Flow
0		$30,000
1		12,200
2		14,900
3		16,800
4		13,900
5		10,400

The company uses an interest rate of 8 percent on all of its projects.

b.	Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)