Question 5 of 16 -72 III : View Policies Current Attempt in Progress Sierra Company is considering a long-term investment project called ZIP.ZIP will require an investment of $140,040. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $93,360, and annual cash outflows would increase by $47,847. The company's 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. The project should be