Do It! Review 26-4 Your answer is partially correct. Try again. Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $120,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,000, and annual cash outflows would increase by $40,000. The company's required rate of return is 12%. Calculate the net present value on this project and determine whether it should be accepted. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45). For calulation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value 1494 positive cepted Since the net present value is the project should be Calculate the internal rate of return on this project and determine whether it should be accepted Internal rate of return 40000 positive accepted : Since the net present value is the project should be