Dane Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an NPV analysis of a project initial investment of $24,000 and will generate after-tax cash inflows of $5,000 per year for 8 years. If the cost of capital is 8%, calculate the net present value (NPV) and indicate whether to accept or reject the machine 4. The NPV of the project is $ (Round to the nearest cent.) Should this project be accepted? (Select the best answer below.) O Yes O No