Annual cash Inflows from two competing Investment opportunities are given below. Each Investment opportunity will require the same initial Investment. Year 1 Year 2 Year 3 Year 4 Investment Xinvestment Y $ 5,000 $ 8,000 6 ,000 7,000 7,000 6,000 8,000 5,000 Total $20,000 $26,000 Click here to view Exhibit 11B-1, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash Inflows for each Investment using a 11% discount rate. (Round discount factor(s) to 3 decimal places, Intermediate and final answers to the nearest dollar amount.) Present Value of Cash Flows Investment X Investment Y