The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $300,000. The Sisyphean Company expects cash inflows from this project as detailed below: Year 1 $122,535 Year 2 $122,535 Year 3 $122,535 Year 4 $122,535 The appropriate discount rate for this project is 18%. The internal rate of return (IRR) for this project is