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

NPV : _____

Should the project be accepted or rejected?

Time:0 1 2 3 4 5

Cash flow:$2,300, $670, $2,280, $680, $620, $260