The proposed expansion of CIV Electronics' plant facilities requires the immediate outlay of $90,000. Expected net returns are given in the following table. Calculate the internal rate of return (IRR). Year 1 SNill Year 4 $58,000 Year 2 $30,000 Year 5 $48,000 Year 3 $30,000 Year 6 $ 16,000 The internal rate of return is %. (Round to the nearest tenth as needed.)