Tall Trees, Inc. is using the modified internal rate of return $($MIRR$)$ when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of $11\mathrm{.}85$ percent. What is the MIRR of a project if the initial costs are $$1,315,400$ and the project life is estimated as $6$ years? The project will produce the same after$-$tax cash inflows of $492,700$ per year at the end of the year.

Round the answer to two decimal places in percentage form. $($