White Sands Resort is considering adding a new dock to accommodate large yachts. The dock would cost $742,000 and would generate $144,000 annually in new cash inflows. Its expected life would be 8 years, with no salvage value. The resort's cost of capital and discount rate are 7 percent.

A. Calculate the internal rate of return for the proposed dock addition. Round to the nearest whole percent.

B. How much annual cash inflow would be required for the project to be minimally acceptable? Round your answer to the nearest whole dollar.

Thank you for the help.