Labeau Products, Limited, of Perth, Australia, has \\( \\$ 17,000 \\) to invest. The company is trying to decide between two alternative uses for the funds as follows: The company's discount rate is \17. Click here to view Exhibit 14B-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? EXHIBIT 14B-1 Present Value of \\( \\mathbf{S 1} ; \\frac{1}{(1+r)^{n}} \\) Present Value of an Annuity of \\$1 in Arrears; \\( \\frac{1}{r}\\left[1-\\frac{1}{(1+r)^{n}}\ ight] \\)