Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places. Project U

Time: 0 1 2 3 4 5

Cash flow: $ 2,200 $ 630 $ 2,180 $ 660 $ 580 $ 240

Should the project be accepted or rejected? Rejected