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Labeau Products Ltd of Perth, Australia has $20,000 to invest. The company is trying to decide between two alternative uses for the funds as follows

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Labeau Products Ltd of Perth, Australia has $20,000 to invest. The company is trying to decide between two alternative uses for the funds as follows Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project Invest in Invest in Project X Project $ 20,00 $ 20,000 $ 6,00 $ 40,000 6 years 6 years The company's discount rate is 16% Click here to view Exhibit 138.1 and Exhibit:133-2. 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. Secuired: Required 2 Required Compute the net prevent value of Project X. (Negative amounts should be indicated by a minussion, Round your final answer to the nearest whole dollar amount Required 2 >

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