1 Labeau Products, Limited, of Perth, Australia, has $18,000 to Invest. The company is trying to decide between two alternative uses for the funds as follows: ints 2004 Invest in Invest in Project X Project Investnent required $ 18,000 $ 18,000 Annual cash inflows $ 7,000 Single cash inflow at the end of 6 years $ 41,000 Life of the project 6 years 6 years The company's discount rate is 17% Click here to view Exhibit 1281 and Exhibit 128-2. to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project X 2. Compute the net present value of Project Y 3. Which project would you recommend the company accept? References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the net present value of Project X. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value Required 2 >