Question: A project has an initial requirement of $300,000 for fixed assets and $30,000 for net working capital. The fixed assets will be depreciated to a zero book value over the 3-year life of the project and have an estimated salvage value of $150,000. All of the net working capital will be recouped at the end of the project. The annual operating cash flow is $250,000. What is the project's internal rate of return if the tax rate is 30 percent? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.