Compute the NPV for Project M if the appropriate cost of capital is $7$ percent. $($Negative amount should be indicated by a minus sign.

Do not round intermediate calculations and round your final answer to $2$ decimal places.$)$

$\backslash$table$[[$Project M$,,,,,,],[$Time:$,0,1,2,3,4,5],[$Cash flow:,$-$$$3,400,$$$730,$$$860,$$$900,$$$980,$$$480$