Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your finalanswer to 2 decimal places.)

Project K

Time: 0 1 234 5

Cash flow -$10,500 $5,250 $6,250 $6,250 $5,250 -$10,500

NPV$______

Should the project be accepted or rejected?AcceptedRejected