X Company must decide whether to continue using its current equipment or replace it with new, more efcient equipment. The following information is available for the current and new equipment: Current equipment Current sales value $12,000 Final sales value 3,530 Operating costs 61,360 New equipment Purchase cost $162,000 Final sales value 3,530 Operating cost savings 30,510 The current and new equipment will last for 6 years. If X Company replaces the current equipment, what is the approximate internal rate of return? lAz 0.03H OB: 0.04M 0c: 0.05HOD: 0.06M OE: 0.07||OF: 0.08l