The second photo is my work shown. Did I do this question properly? Please use the format I did when trying to get the answer. Thanks!

Production of the implants will require $761,000 in net working capital to start and additional net working capital investments each year equal to 25% of the projected sales increase for the following year. (Because sales are expected to fall in Year 5, there is no NWC cash flow occurring for Year 4.) Total fixed costs are $178,000 per year, variable production costs are $306 per unit, and the units are priced at $360 each. The equipment needed to begin production has an installed cost of $11.0 million. Because the implants are intended for professional singers, this equipment is considered industrial machinery and thus falls into Class 8 for tax purposes (20\%). In five years, this equipment can be sold for about 30% of its acquisition cost. AlY is in the 40% marginal tax bracket and has a required return on all its projects of 19%. Based on these preliminary project estimates, what is the NPV of the project? What is the IRR? (Enter your answer in dollars, not in millions of dollars, i.e. 1,234,567. Do not round your intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) Production of the implants will require $761,000 in net working capital to start and additional net working capital investments each year equal to 25% of the projected sales increase for the following year. (Because sales are expected to fall in Year 5, there is no NWC cash flow occurring for Year 4.) Total fixed costs are $178,000 per year, variable production costs are $306 per unit, and the units are priced at $360 each. The equipment needed to begin production has an installed cost of $11.0 million. Because the implants are intended for professional singers, this equipment is considered industrial machinery and thus falls into Class 8 for tax purposes (20\%). In five years, this equipment can be sold for about 30% of its acquisition cost. AlY is in the 40% marginal tax bracket and has a required return on all its projects of 19%. Based on these preliminary project estimates, what is the NPV of the project? What is the IRR? (Enter your answer in dollars, not in millions of dollars, i.e. 1,234,567. Do not round your intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.)