*NEED URGENT HELP PLEASE UPVOTE GUARANTEED*

Sierra Company is considering a long-term investment project called ZIP. ZIP will require an investment of $166,800. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $111,200, and annual cash outflows would increase by $56,990. The companys required rate of return is 12%. Calculate the internal rate of return on this project. (Round answer to 1 decimal place, e.g. 12.4%.)

Internal rate of return

%

Identify whether the project should be accepted or rejected.