what is IRR and Project CF

The Lunch Counter is expanding and expects after tax operating cash flows of $32,500 a year for 7 years as a result. This expansion requires $128,000 in new fixed assets with no salvage value. In addition, the project requires a $2,800 initial investment in working capital. - What is the NPV of this expansion at a 14% required return? $109,688.89 - What is the IRR? 16.37%