2. Russomanno Industries looking at a project that will require an $80,000 investment in fixed assets and another $20,000 in net working capital, which will be recovered at the end of the project. The project is expected to produce annual sales of $110,000 with associated costs of $70,000 (per year) over its 4-year life. The company uses straight-line depreciation to a zero book value over the life of the project (there is expected to be no salvage value for the equipment). The tax rate is 35%. Russomanno uses a 12% discount rate for this type of investment. What is the net present value and internal rate of return for this project?