Blossom Company is considering a long-term investment project called ZIP. ZIP will require an investment of $116,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $40,000. The company's required rate of return is 12%. Click here to view the factor table. Calculate the internal rate of return on this project. (Round answers to 0 decimal places, e.g. 15%.) Internal rate of return on this project is between % and %. Determine whether this project should be accepted? The project v be accepted