The firm gets 70% of its capital from common stock and 30% from debt. The debtholders required rate of return is 8%. The equity holders required rate of return is 13% and the firms tax rate is 20%. The project involves an immediate investment of $10,000 for the purchase and installation of equipment. The project will require the immediate purchase of $1000 in inventory, and increase in accounts receivable of $800. Accounts payable will increase $600. The equipment will be depreciated straight-line, over 4 years, down to a salvage value of $1000. The project is expected to generate after tax cashflows [=ebit(1-t)+ dep] in the amount of $5,166 at the end of each of the next four years. Assume that at the end of the fourth year the related equipment is sold for $2,000, and the changes in working capital are reversed. What is the net present value (NPV) of the project? What is IRR?