CRILISE 12-14 CumpalUII UI FIUJELLD Usmy NEL RIESEL value [LU 12-24) Labeau Products, Ltd. of Perth, Australia, has $17.000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest Invest in in Project Project x Y $ 17,000 $17.000 $ 6,000 $ 40,000 6 years 6 years Investment required Annual cast inflows single cash inflow at the end of years Lite of the project The company's discount rate is 17%. Click here to view Exhibit 120.1 and Exhibit 12B-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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute the net present value of Project X. (Negative amount should be indicated by a minus sign. Round your finat answer to the nearest whole dollar amount.) Not presenta Required 2 >