Wildhorse Corporation is considering two alternative investments in excavating equipment. Investment A requires an initial investment of $186,600, has positive cash flows of $27,400 per year, and has an estimated salvage value of $20,600. Investment B requires an initial investment of $235,600, has positive cash flows of $32,300 per year, and has an estimated salvage value of $18,700. Each piece of equipment is expected to have a 11-year useful life. Use a financial calculator to determine the internal rate of return of each project to decide which is more desirable. (Round answers to 2 decimal places, e.g. 9.74\%.)