Problem 13-1 NPV with Normal Cash Flows (LG13-3) Compute the NPV for Project M if the appropriate cost of capital is 8 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 M Time: Cash flow: 1 -$2,200 $590 2 $720 3 $760 4 $840 5 $340 NPV Should the project be accepted or rejected? accepted rejected