HP, Inc., has $700,000 to invest The Company faced two alternatives to use its funds. The following details are related to the projects: Cost of equipment required Working capital investment required Annual caen indows Project X $100.000 Project Y $21,000 Salvage value of equipment in five years $3,000 50 Lis of the projed 5 year 5 years The working capital needed for Project B will be mleased at the end of five years for Investment eisewhere. HP discount rate is 12% 1- 12x. $100,000 $16,000 Required: Which investment alternative (d either) would you recommend that the company accept? Show all computations (using the net present value format, Prepare separate computations for each project. F