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The answer is told to be B. 15% But I do not know how to arrive at that option B. Please show me how. Thank

The answer is told to be B. 15%
But I do not know how to arrive at that option B. Please show me how. Thank you! image text in transcribed
25. The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $225,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 $78,810 Year 2 $78,810 Year 3 $78,810 Year 4 $78,810 The appropriate discount rate for this project is 19%. The internal rate of return (IRR) for this project is closest to: OA, 17% &B. 15% Oc.9% D. 11%

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