Xenon Corporation is expected to save $49,000 in expenses annually by installing an advanced production system costing the company $288,500. If the system needs annual expenditures of $2,000 on operations and maintenance and has a salvage value of $24,000 at the end of year 10, what is the IRR for 10 years use of this system? If the company wants to earn at least 12% on all investments, should it buy this system? (Type Yes or No in the box below and submit your detailed solution on dropbox).