Splish Company is considering a long-term investment project called ZIP ZIP will require an investment of $130,000. It will have useful life of four years and no salvage value. Annual cash inflows would increase by $79,000 and annual cash outflows would increase by $39.200. In addition, the company's required rate of return is 9%, (b) Calculate the internal rate of return on this project. (Round answer to 1 decimal place, eg, 5.2%) Internal rate of return 12.43 %