Labeau Products, Ltd., of Perth, Australia, has $21,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest Invest Project Project $ 21,000 21,000 $ 40,000 in in Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project 6,000 6 years 6 years The company's discount rate is 15%. Click here to view Exhibit 13B-1 and Exhibit 138-2, 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