What is the IRR for a machine with the following details? APR (Nom / y) 6.25% per year compounded quarterly

Initial cost ($325,000);

Salvage value 14% of purchase value;

First year cost ($55,000);

Inflation (all costs) 5.00% per year;

First year revenue $120,000;

Increase in revenue 5% per year;

Life of machine 5 years;

Life of project 20 years?

Possible answers: 7.00%, 13.26%, 18.45%, or 22.96%