profitability, $-$Select$-$ their calculated NPVs$,$ and $-$ select$-$ their risk. which is expected to last $3$ years:

The project can be operated at the company's charleston plant, which is currently vacant. for all $3$ years of the project. At $t=3($which is the project's last year of operation$),$ the equipment is expected to be sold for $$1,450,000$ before taxes.

The project will require an increase in net operating working capital of $$730,000$ at $t=0.$ The cost of the working capital will be fully recovered at $t=3($which is the project's last year of operation$).$

Expected high$-$protein energy smoothie sales are as follows:

Year Sales

$1$$$2,600,000$

$27,400,000$

$3,3,800,000$

The project's annual operating costs $($excluding depreciation$)$ are expected to be $60\%$ of sales.

The company's tax rate is $25\%.$ can be used in the year they occur.$)$

The project has a wACC $=10\mathrm{.}0\%.$

What is the project's expected NPV and IRR? Round your answers to $2$ decimal places. Do not round your intermediate calculations.

$NPV$ $$,\%$

IRR

Should the firm accept the project?

$-$Select$-2$

today? Round your answer to $2$ decimal places. Do not round your intermediate calculations. Use the values in "millions of dollars" to ascertain the answer.

$ millions of dollars