Compute the NPV statistic for Project Y if the appropriate cost of capital is $12$ 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 Y

Time: $01234$

Cash flow: $$$ $8,600$ $ $3,470$ $ $4,300$ $ $1,640$ $ $420$

Should the project be accepted or rejected?