Compute the NPV for Project M if the appropriate cost of capital is 7 percent. (Negative amount should be indicated by a minus sig Do not round intermediate calculations and round your final answer to 2 decimal places.) Project M Time: 1 Cash flow: 0 $500 -$1,100 $370 2 3 4 5 $540 $620 $120 NPV Should the project be accepted or rejected? accepted O rejected