NPV analysis of a project Dane Cosmetics is evaluating a new fragrance-mixing machine. The machine requires an initial investment of $20,000 and will generate after-tax cash inflows of $5,000 per year for 8 years. If the cost of capital is 12%, calculate the net present value (NPV) and indicate whether to accept or reject the machine The NPV of the project is $. (Round to the nearest cent.) Should this project be accepted? (Select the best answer below) Yes No