"A firm is considering purchasing a computer system. The following data has been collected.
- Cost of the system: $155,000
- Project life: 6 years
- Salvage value at the end of year 6: $22,000
- Depreciation method: five-year MACRS
- Tax rate: 40%
- Annual revenue from project: $130,000
- Annual expenses (not including depreciation): $93,000
The firm will borrow the entire $155,000 at 9% interest to be repaid in 2 annual payments.
The firm's MARR is 19%. Determine the IRR for the computer system. Enter your answer as a percentage between 0 and 100."