Your firm is contemplating the purchase of a new $1,049,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $156,300 at the end of that time. You will save $423,500 before taxes per year in order processing costs, and you will be able to reduce working capital by $115,764 (this is a one-time reduction). If the tax rate is 35 percent, what is the IRR for this project for this three year project? (show work or input for financial calculator)