Wiliam Bat became a baseball enthusiast at a very early age. All of his baseball experience has provided him valuable knowledge of the sport, and he is thinking about going into the batting cage business. He estimstes the construction of a state-of-the-art buliding and the purchase of necessary equipment will cost $886,000. Both the facility and the equipment will be depreciated over 12 years using the straight-line method and are expected to have zero salvage values. His required rate of return is 9%. (present value factor of 7.16073). Estimated annual net income is as follows: The net present value. (For calculation purposes. ise 5 decimal places as disployed in the foctor table provided. Round answer to 0 decimal places es. 5.275.) Net present value The internal rate of return. (use the above table), (Round answer to 0 decimal ploces, es. 15\%) Internal rate of return \%