Do It Review 26-5 Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $118,840. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $79,300, and annual expenses (excluding depreciation) would increase by $40,100. Wayne uses the straight-line method to compute depreciation expense. The company's required rate of return is 13%. Compute the annual rate of return. (Round answer to O decimal places, e.g. 15%.) Annual rate of return Determine whether the project is acceptable? he project. Accept Reject