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Net present value Using a cost of capital of 14%, calculate the net present value for the project shown in the following table and indicate

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Net present value Using a cost of capital of 14%, calculate the net present value for the project shown in the following table and indicate whether it is acceptable, The net present value (NPV) of the project is $ (Round to the nearest cent.) \begin{tabular}{cc} \hline Initial investment (CF0) & 1,148,000 \\ \hline Year (t) & Cash inflows (CFt) \\ \hline 1 & $79,000 \\ 2 & $137,000 \\ 3 & $187,000 \\ 4 & $259,000 \\ 5 & $320,000 \\ 6 & $383,000 \\ 7 & $280,000 \\ 8 & $100,000 \\ 9 & $43,000 \\ 10 & $27,000 \\ \hline \end{tabular}

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