PetroBas Holdings project unit sales for a new seven-octave voice emulation implant as for the following follows: Year Unit Sales 1 93,000 2 105,000 3 128,000 4 134,000 5 87,000 Production of the implants will require $1,800,000 in net working capital investments each year equal to 15 percent of the projected sales increase for the following year. Total fixed costs are $1,200,000 per year, variable production costs are $265 per unit and the units are priced at $380 each. The equipment needed to begin production has an installed cost of $24,000,000. Because the implants are intended for professionals ,this equipment is considered industrial machinery and thus qualifies as seven-year MACRS property. In five years, this equipment can be sold for about 20 percent of its acquisition cost. PB is in the 35 percent marginal tax bracket and has a required return on all its projects of 18 percent. Based on this preliminary project estimates, What is the NPV of the project? | What is the IRR