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.) Project M Time: Cash flow: 0 1 -$1,100 $370 2 $500 3 $540 4 $620 5 $120 NPV Should the project be accepted or rejected? accepted O rejected