3. Craft Inc. strikes a 30-year contract deal with IT consulting firm, Credible Data Systems. The project is that Craft Inc. pays $1,500,000 today. Credible will go ahead and update the IT infrastructure systems to be modern at Craft. At the end of 30 years, Craft will pay an additional, final closing cost of $1,500,000 to Credible. The system will be reupdated every 5 years and Credible will do it for $500,000 every time. Every time the infrastructure is updated, the following year will see a cost savings of $285,000. The savings will also increase by 1% every year. Lastly, Credible will charge an annual subscription cost to its servicing of $35,000. Craft Inc. management has deemed the required rate of return for this investment to be 15.1%. After 30 years, what is the NPV? Show a table of cash flows and respective present values. What is the IRR here?