1 Labeau Products Ltd., of Perth, Australia, has $35,000 to invest. The company is trying to decide between two alternative uses for the funds, as follows: Investment Options Project X Project Y $ 35,000 $ 35,000 9,000 150,000 Initial Investment Annual cash inflows Single cash inflow at the end of 10 years Life of the project 10 points 10 years 10 years eBook Labeau's discount rate for both projects is 18%. (Ignore income taxes.) Click here to view Exhibit 10-1 and Exhibit 10-2, to determine the appropriate discount factor(s) using tables. Print Required: Determine the net present value. (Negative amounts should be indicated with a minus sign. Round discount factor(s) to 3 decimal places.) References Net Present Value Project X Project Y Which alternative would you recommend that the company accept? Project X O Project Y