Suppose an investor is considering investing in a project with an initial investment amount of $$160,000.$ Cash inflows are expected to be $$55,000$ at the end of year one, $$60,000$ at the end of year two, and $$75,000$ at the end of year three at which time the project will be terminated. What is the IRR of this project? $($Show your answer to four decimals. For example, $5\mathrm{.}6\%$ is shown as $0\mathrm{.}0560)$