Westmont Publishing Is Considering the Purchase of a Used Printing

Westmont Publishing is considering the purchase of a used printing press costing $75,200. The printing press would generate a net cash inflow of $31,310 a year for 3 years. At the end of 3 years, the press would have no salvage value. The company's cost of capital is 10 percent.
Using a spreadsheet or financial calculator, determine the internal rate of return for the investment.
The investment's internal rate of return (rounded to the nearest percent) is:

A) 10 percent
B) 16 percent
C) 14 percent
D) 12 percent