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Compute the NPV for Project K if the appropriate cost of capital is 6 percent. (Negative amount should be indicated by a minus sign. Do

Compute the NPV for Project K if the appropriate cost of capital is 6 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project K Time: 0 1 2 3 4 5 Cash flow: $10,600 $5,300 $6,300 $6,300 $5,300 $10,600 Should the project be accepted or rejected?

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