You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects. Year-End Cash Flows ($ thousands) Project 0 1 2 IRR Playhouse (minor project) 16 21 14.5% -30 -78 Fort (major poject) 39 50 8.9% You can undertake only one project. If your cost of capital is 6%, use the incremental IRR rule to make the correct decision. The incremental IRR is%. (Round to two decimal places.)