Question: t Review 24-2 Do Your answer is partially correct. Try again. Wayne Company is considering a long-term investment project called ZIP. ZIP will require an

 t Review 24-2 Do Your answer is partially correct. Try again.

t Review 24-2 Do Your answer is partially correct. Try again. Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,675. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,400, and annual cash outflows would increase by $40,200. The company's required rate of return is 8%. Click here to view PV table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sign preceding the n umber eg -45 or parentheses eg (45). Round present value answer to 0 decimal places, e.g. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Net present value 1155 Whether this project should be accepted? The project should he accepted

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