Labeau Products, Limited, of Perth, Australia, has $26,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest in Invest in Project x Project Investment required $ 26,000 $ 26,000 Annual cash inflows $ 8,000 Single can inflow at the end of 6 years $ 50,000 Life of the project 6 years 6 years The company's discount rate is 12%. Click here to view Exhibit 128:1 and Exhibit 12B-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 1 Required 2 Required 3 Compute the net present value of Project X. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net precont value