You are considering opening a new bar on Court Street. The initial necessary' investment is $500,000. This investment has a projected salvage (or residual) value for tax purposes of $200,000. The government requires depreciating the remaining $300,000 using the straight-line method over 10 years. You project that the bar will generate cash flows of $700,000 in revenue, $360,000 in variable costs, and $215,000 in fixed costs. Assume that you are exempt from income taxes and that you can sell the bar for $400,000 at the end of 10 years. Using a 10% discount rate, what is the internal rate of return of the investment in the bar