The Gamma Company is planning on investing in a new project. This project requires an initial investment into a new machinery of $450,000. The Gamma Company expects cash inflows from this project to be as follows: $200,000 in year 1,$225,000 in year 2 , $275,000 in year 3 , and $200,000 in year 4 of the project. The appropriate discount rate for this project is estimated at 17%. What is the IRR of this project? 30.99 21.5% 39.2% 27.4% 34.1% 24.3%