Compute the NPV for Project K if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project K Time: 0 1 2 3 4 5 Cash flow $11,900 $5,950 $6,950 $6,950 $5,950 $14,900 NPV $ Should the project be accepted or rejected? Rejected Accepted