HiTechNic IRSeeker v2 with Arduino

I am trying to use a IRSeeker v2 directly connected to the Arduino.
correct me if my setup is incorrect:
white wire - n.c
black wire - gnd
red wire - gnd
green wire - 5v
yellow wire - SCL
blue wire - SDA

Is there any existing library that will let me use I2C interfacing?
Otherwise is there example code to receive data from the IRSeekerV2?