Labeau Products, Limited, of Perth, Australia, has $16,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Investment required Annual cash inflows Invest in Project X $16,000 $ 5,000 Invest in Project Y 16,000 Single cash inflow at the end of 6 years Life of the project 35,000 6 years 6 years The company's discount rate is 15%. Click here to view Exhibit 14B-1 and Exhibit 148-2, 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 Required 2 Required 31 Compute the net present value of Project X. [Negative amounts should be indicated by a minus sign. Round your final snower to the nearest whole dollar amount.) Not Disant value Required 2 Labeau Products, Limited, of Perth, Australia, has $16,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest in Project x Investment required $ 16,000 Invest in Project Y 16,000 Annual cash inflove $ 5,000 single cash inflow at the end of 6 years $ 35,000- Life of the project 6 years 6 years -The company's discount rate is 15% Click here to view Exhibit 148-1 and Exhibit 14B-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 Required]2 Required 31 Compute the net present value of Project Y. (Negative amounts should be indicated by a minus sign. Sound your final enxwer to the nearest whole do'lar amount.) es ptment valur