Compute the NPV for Project M if the appropriate cost of capital is 8 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 M Time: 0 Cash flow-$2,900 $530 4 5780 $280 $660 $700 Answer is complete but not entirely correct. NPV $ 1,054.99 Should the project be accepted or rejected? accepted rejected