Labeau Products, Ltd., of Perth, Australia, has $25,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest Invest in in Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project Project Project 25,000 $25,000 $60,000 8,000 years 6 years The company's discount rate is 16%. 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? Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Compute the net present value of Project . (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.)