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 $96,975 Year 2 $96,975 Year 3 $96,975 Year 4 $96,975 The appropriate discount rate for this project is 17%. The internal rate of return (IRR) for this project is closest to: A. 30% OB. 26% C. 16% D. 20%