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-abeau Products, Limited, of Perth, Australia, has $12,000 to invest in one of the following two projects: The company's discount rate is 18%. Click here

image text in transcribed -abeau Products, Limited, of Perth, Australia, has $12,000 to invest in one of the following two projects: The company's discount rate is 18%. Click here to view Exhibit 14B-1 and 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 should the company accept? Complete this question by entering your answers in the tabs below. Compute the net present value of Project X. Note: Round your final answer to the nearest whole dollar amount

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