Your firm is contemplating the purchase of a new $610,000 computer-based order entry system. The system will be depreciated straight-line to zero over its 5-year life. It will be worth $93,000 at the end of that time. You will save $190,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $108,000 (this is a one-time reduction). If the tax rate is 22 percent, what is the IRR for this project?