Current Attempt in Progress Swifty Company is considering three capital expenditure projects. Relevant data for the projects are as follows. Annual Life of Project Investment Income Project 22A $242,300 $17,450 6 years 23A 274,200 20,920 9 years 24A 28 1,700 15,700 7 years Annual income is constant over the life of the project. Each project is expected to have zero salvage value at the end of the project. Swifty Company uses the straight-line method of depreciation. (a) Determine the internal rate of return for each project. (Round answers O decimal places, e.g. 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal Rate of Project Return 22A % 23A % 24A %(b) If Swifty Company's required rate of return is 11%, which projects are acceptable? The following project(s) are acceptable v