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Solve this step by step, (please don't send handwritten solutions on paper) Management of Sheridan Home Furnishings is considering acquiring a new machine that can

Solve this step by step, (please don't send handwritten solutions on paper)

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Management of Sheridan Home Furnishings is considering acquiring a new machine that can create customized window treatments. The equipment will cost $323,550 and will generate cash flows of $68,750 over each of the next six years. If the cost of capital is 11 percent, what is the MIRR on this project? (Round intermediate calculations to 3 decimals and final answers to 1 decimal places, e.g. 15.5%. Do not round factor values.) MIRR %

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