Aria Acoustics, Incorporated $($AAI$),$ projects unit sales for a new seven$-$octave voice emulation implant as follows:

Year Unit Sales

$175,400$

$288,400$

$3108,000$

$4100,600$

$568,500$

Production of the implants will require $$2,100,000$ in net working capital to start and additional net working capital investments each year equal to $20$ percent of the projected sales increase for the following year. Total fixed costs are $$4,400,000$ per year, variable production costs are $$267$ per unit, and the units are priced at $$411$ each. The equipment needed to begin production has an installed cost of $$18,900,000.$ Because the implants are intended for professional singers, this equipment is considered industrial machinery and thus qualifies as seven$-$year MACRS property. In five years, this equipment can be sold for about $25$ percent of its acquisition cost. The tax rate is $22$ percent and the required return is $18$ percent. MACRS schedule

What is the NPV of the project?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

What is the IRR?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$