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

Year 0: -1,260,000

Year 1: 435,000

Year 2: 500,000

Year 3: 395,000

Year 4: 350,000

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 3 percent.

If Anderson uses a required return of12 percent on this project, what are the NPV and IRR of the project? Round your answers to 2 decimal places, e.g., 32.16.)