Your firm is contemplating the purchase of a new $575,000computer-based order entry system. The system will be depreciatedstraight-line to zero over its five-year life. It will be worth$59,000 at the end of that time. You will save $265,000 beforetaxes per year in order processing costs, and you will be able to reduce working capital by $74,000 (this is a one-time reduction).If the tax rate is 34 percent, what is the IRR for this project