Current Attempt in Progress Sierra Company is considering a long-term investment project called ZIP ZIP will require an investment of $255,600. It will have a useful life of four years and no salvage value. Annual cash inflows would increase by $170,400, and annual cash outflows would increase by $87,330. The company's required rate of return is 12%. Calculate the internal rate of return on this project. (Round answer to 1 decimai place, es, 12.4%) Internal rate of return Identify whether the project should be accepted or rejected The project should be Save for Later Attempts: 0 of 1 used Submit