Do It! Review 12-5 Wayne Company is considering a long-term investment project called ZIP, ZIP will require an investment of $122,800. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $79,496, and annual expenses (excluding depreciation) would increase by $40,200. Wayne uses the straight-line method to compute depreciation expense. The company's required rate of return is 11%. Compute the annual rate of return. Annual rate of return Determine whether the project is acceptable? the project. Click if you would like to Show Work for this question: Open Show Work