Nash Corporation is considering adding a new product line. The cost of the factory and equipment to produce this product is $1,800,000. Company management expects net cash flows from the sale of this product to be $490,000 in each of the next eight years. If Nash uses a discount rate of 12 percent for projects like this, what is the net present value of this project? (Round intermedlate calculations to 5 decimal places, es. 0.42354. Round answer to 0 decimal places, eg. 52.25. Enter negative amounts using negative sign eg. 45.25. What is the internal rate of return? (Round answer to 2 decimal places. es. 52.50.)