Labeau Products, Limited, of Perth, Australia, has $35,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Investment required Invest in Project X $ 35,000 Invest in Project Y $ 35,000 Annual cash inflows $ 12,000 Single cash inflow at the end of 6 years $ 90,000 Life of the project 6 years 6 years The company's discount rate is 18%. Click here to view Exhibit 148-1 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 1 Required 2 Required 3 Compute the net present value of Project X. (Round your final answer to the nearest whole dollar amount.) Net present value Required 2 >