Using a cost of capital of 16%, calculate the net present value for the project shown in the following table and indicate whether it is acceptable. (The table is the picture included)

The net present value (NPV) of the project is $__ round to the nearest cent

nt valbe (NPV) of the project is sI(Round to the nearest cent.) Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) $410,000 Initial investment (CF Year () Cash inflows (CF $80,000 $80,000 $80,000 $80,000 $80,000 $30,000 $30,000 $80,000 $80,000 $80,000 4 10 Done