Wilson Corporabon is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in net income of $53,800. The equipment will have an initial cost of $605700 and an 8 -year useful life. The solvage value of the equipment is estimated to be 5105,700 . If Wison's cost of capital of 10%, what is the internal rate of return? (Future Value of 51, Present Yalue of S1. Euture Value Annuity of \$1. Present Value Annulty of \$1) Note: Use the appropriate factors from the PV tables. Multiple Choice Less than zero Between zero and 101 Between 10% and 15% More than 15% TABLE 11.1A Future Value of $1 TA BI.E 11.2A Present Value of $1 TABLE 11.3A Future Value of an Annuity of $1 TABLE 11.4A Present Value of Annuity of $1