Wayne Company is considering a long term investment project called ZIP. ZIP will require an imvestment of $120,000. 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 hereto view thefactor tabie. Calculate the internal rate of return on this project. (Round answers to 0 decimal ploces, es. 15\%) Internal rate of return on this project is between Determine whether this project should be accepted? The project be accepted Wayne Company is considering a long term investment project called ZIP. ZIP will require an imvestment of $120,000. 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 hereto view thefactor tabie. Calculate the internal rate of return on this project. (Round answers to 0 decimal ploces, es. 15\%) Internal rate of return on this project is between Determine whether this project should be accepted? The project be accepted