Zellars, Inc, is considering two mutually exclusive projects, A and B project A costs $75,000 and is ecpected to generate $48,000 in year one and $45,000 in year two. Project B cost $80,000 and is expected to generate $34,000 in year one, $37,000.00 in year two, $26,000 in year three, and $25,000 in year four. Zellars, Inc's required rate of return for these projects is 10%. The internal rate of return for project B is?

A. 18.64

B. 16.77

C. 20.79

D. 26.74