A company plans to acquire a piece corporate aircraft costing $5,000,000. The aircraft is expected to save the company $1,200,000 per year for each of its 5 year useful life. It will be depreciated straight line over 5 years. The firm's cost of capital is 12%. Its tax rate is 40%. It will replace another aircraft that was acquired 8 years ago at a cost of $3,000,000. The old aircraft was depreciated straight line over 5 years. The old aircraft will be sold for $500,000. what is the Net Present Value of the investment and the Internal Rate of Return?