Viera Corporation is considering investing in a new facility. The estimated cost of the facility is $1,810,573. It will be used for 12 years, then sold for $716,500. The facility will generate annual cash inflows of $372,680 and will need new annual cash outflows of $155,470. The company has a required rate of return of 7%. (Refer the below table)

a. Calculate the internal rate of return.