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: 0 1 -$3,100 $710 2 $840 3 $ 880 4 $960 5 $ 460 NPV Should the project be accepted or rejected? rejected accepted