Labeau Products, Ltd., of Perth, Australia, has $13,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest Invest Project Project 13,000 $13,000 in in Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project $ 5,000 $30,000 6 years 6 years The company's discount rate is 15%. Click here to view Exhibit 13B-1 and Exhibit 13B-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 Required1 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 present value