Wayne Company is considering a long-term investment project called ZIP ZIP will require an investment of $123,720. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $79,200, and annual expenses (excluding depreciation) would increase by $40,000. Wayne uses the straight-line method to compute depreciation expense. The company's required rate of return is 10% Compute the annual rate of return. (Round answer to O decimal places, es. 15%) Annual rate of return Determine whether the project is acceptable? the project