Compute the NPV for Project M if the appropriate cost of capital is 9 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Project M
Time	0	1	2	3	4	5
Cash Flow	-$2400	$630	$760	$800	$880	$380

NPV $

Should the project be accepted or rejected? Accepted Rejected