Totally Chemical is considering an investment decision project in which the organization expands into the trucking business. Totally Chemical wants to begin this investment decision project by buying one truck. In four years, the truck can be sold for $$25,000,$ with $$2,000$ of the working capital being returned. The discount rate is $8\%.$ Trucking Venture Specifics Initial investment Cost of the truck $$95,000$ Working capital deposit $$5,000$ Operations $($per year for $4$ years$)$ Trucking revenue $$250,000$ Less: Driver$$s salary $$95,000$ Insurance $$20,000$ Fuel and maintenance $$50,000$ Total expenses $$165,000$ Net annual cash flows $$85,000$ Disinvestment Sale of truck $$25,000$ Recovery of working capital $$2,000$ Total disinvestment $$27,00$

Calculate the internal rate of return $($IRR$)$ method of capital budgeting.