13-4 NPV with Non-Normal Cash Flows Compute the NPV statistic for Project K and recommend whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is 6 percent. (@L413-3) Project K Time: 0 1 2 4 5 3 $6,000 Cash flow -$10,000 $5,000 $6,000 $5,000 -$10,000 13-5 Payback Compute the payback statistic for Project B and decide