$25.$ You are asked to evaluate the following two projects for Boring Corporation using the NPV method combined with the Pl approach.

Which project would you select? Use a discount rate of $10$ percent.

Project X $($DVDs of the weather reports$)$

$($$$10,000$ investment$)$

Year

Cash Flow

$1$

$ $5,000$

$2$

$3$

$3,000$

$4\mathrm{.}000$

$4$

$3,600$

Project Y $($slow$-$motion replays of commercials$)$

$($$$30,000$ investment$)$

Year

Cash Flow

$ $15\mathrm{.}000$

$2$

$8\mathrm{.}000$

$3$

$9\mathrm{.}000$

$4$

$11000$