My neighbor is the local ice$-$cream man in our neighborhood. He bought a used van to use as an ice$-$cream truck for $$9,500.$ He put $$2,000$ down, and financed the rest of the balance: $$7,500$ for a loan term of $5$ years, and $4\mathrm{.}0\%$ interest rate. My neighbor said he can generate $1,500$ in sales each month selling ice cream and snacks to the children in the neighborhood. After deducting all variable costs$-$ gas for the van and inventory, which costs about $$500$ he can earn at least $$1,000$ a month. He assumes after five years he can sell the van for $5,000.$

Initial outlay$=$CFO$=-2,000$

Monthly van payment: PV$=9,500-2,000=7,500.$ N$=5*12=60,$ I$/$Y$=4\mathrm{.}00/12=0\mathrm{.}33,$ FV$=0.=>$PMT$=-137\mathrm{.}99$

Monthly net cash flow$=1,500-137\mathrm{.}99=1,362$

At the end of $5$ years, if he decides to sell the truck can generate $$5,000$

CF$0=-2,000$

C$01=137\mathrm{.}99$

C$02=5,000$

F$01=60,$

F$02=1$

I$=4/12=>$NPV$=?$

IRR$=?$

What is the NPV$?$ What is the IRR?