ASAP

Sierra Conpany is considering a long-term investment project called ZiP. ZIP. will require an itwestment of $261,120. It will have a useful life of four years and no salvage value. Annual cashinflows would increase by $174,080, and annual cash outflows would increase ty $89,216. The company's required rate of return is 12%. Calculate the internal rate of return on this project. (Round answer to 1 decimal ploce, es. 12.4K] Wntemal rateof return Identify whethet the project should be accepted or rejected