Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 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 Y
Time:	0	1	2	3	4
Cash flow:	$9,200	$3,590	$4,420	$1,760	$540

NPV:

Should the project be accepted or rejected?

• accepted

• rejected