Viera Corporation is considering investing in a new facility. The estimated cost of the facility is $1,845,462. It will be used for 12 years, then sold for $716,200. The facility will generate annual cash inflows of $360,000 and will need new annual cash outflows of $152,900. The company has a required rate of return of 7%. Click here to view the factor table. Calculate the internal rate of return on this project. (Round answer to 0 decimal place, e.g. 13%.) Internal rate of return is Type your answer here % Whether the project should be accepted. The project Choose your answer here be accepted.