Brandon buys a piece of equipment for $15,000. He pays $5,000 for upgrades in year 1 and the equipment generates $2,000 in cash flow for year 1. In year 2 the equipment generates $8,000, in year 3 it generates $4,000, but Brandon sells it for $6,000 but also pays a $500 commission. Which of the following is Brandon's IRR?
A. -1.18%
B. +1.18%
C. -0.8%
D. +0.8%