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 11%, 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.) Enter your answer in the answer box and then click Check Answer. ? part remaining Clear All Check