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Ignore Income taxes in this problem.) The Sawyer Corporation has $85,000 to invest and is considering two different projects, X and Y. The following data

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Ignore Income taxes in this problem.) The Sawyer Corporation has $85,000 to invest and is considering two different projects, X and Y. The following data are avallable on the projects: Click here to view Exhibit 881 and Exhibit 8-2 to determine the appropriate discount factorts) using tables Cost of equipment needed now Working capital requirement Annual cesh operating inflows Solvege value in 5 yeers $85.000 $23,000 9000$18.000 $85,000 Both projects will have a useful life of 5 years; at the end of 5 years, the working capital will be released for use elsewhere. Sawyer's discount rate is 12% The net present value of project X is closest to: O $1.616 O $8.409) O $1984 O $3,018 O Type here to search

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