A firm evaluates all projects by applying the IRR rule. It has a project with the following cash flows: Year 0 1 2 3 Cash Flows $ 41,000 20,000 23,000 14,000 What is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) IRR % % If the required return is 14 percent, should the firm accept the project? Accept Reject