gnabled: MH Lab 4: Capital Budgeti... Sard Help Save & E Subm Labeau Products Ltd. of Perth, Australia, has $37000 to invest. The company is trying to decide between two alternative uses for the funds, as follows Initial Investment Annual cash inflows Single cash inflow at the end of 10 years Life of the project Investment Options Project Project $ 37,000 $ 37,000 10,000 160,000 10 years 10 year's Labeau's discount rate for both projects is 16%. (Ignore income taxes.) Click here to view Exhibit 10-1 and Exhibit 10-2. to determine the appropriate discount factoris) uning tables Required: Determine the net present value. (Negative amounts should be indicated with a minus sign. Round discount factors) to 3 decimal places.) Net Present Value $ 11,332 Project X Project Single cash inflow at the end of 10 years Life of the project 10,000 10 years 168,000 19 years Labeau's discount rate for both projects is 16% (gnore income taxes) Click here to view Exhibit 10-1 and Exhibit 10.2. to determine the appropriate discount factor(s) using tables O 05.07 Bol Required: Determine the net present value. (Negative amounts should be indicated with a minus sign. Round discount factor(s) to 3 decimal places.) Net Present Value $ 11,332 Project X Project Y Which alternative would you recommend that the company accept? O Project X O Project Y