information regarding the proposed project, which is expected to last $3$ years:

The project can be operated at the company's Charleston plant, which is currently vacant.

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$$$2,200,000$

$27,750,000$

$33,500,000$

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

The company's tax rate is $40\%.$

tax credits related to this project they 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?

The firm should accept the project.

intermediate calculations. Use the values in "millions of dollars" to ascertain the answer.

$$,$ millions of dollars