Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $116,440. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $80,900, and annual expenses (excluding depreciation) would increase by $39,100. Wayne uses the straight-line method to compute depreciation expense. The company's required rate of return is 19%. Compute the annual rate of return. (Round answer to 0 decimal places, e.g. 15%.) Annual rate of return 1% Determine whether the project is acceptable? the project