Anderson International Limited is evaluating a project in Erewhon. The project will create the following cash flows:

Year Cash Flow

$0$$ $1,785,000$

$1610,000$

$2707,000$

$3580,000$

$4483,000$

All cash flows will occur in Erewhon and are expressed in dollars. In an attempt to improve its economy, the Erewhonian government has declared that all cash flows created by a foreign company are $$blocked$$ and must be reinvested with the government for one year. The reinvestment rate for these funds is $4$ percent.

If Anderson uses a required return of $11$ percent on this project, what are the NPV and IRR of the project? $($A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ Enter your IRR as a percent.$)$