Labeau Products, Ltd. of Perth, Australia, has $26,000 to invest. The company is trying to decide between two alternative uses for the funds as follows Invest in Invest in Project X Project Investment required $ 26,000 $20,000 Annual cash inflows $ 7,000 Singie cash inflow at the end of 6 years $ 50,000 Life of the project 6 years 6 years The company's discount rate is 12% Click here to view Exhibit 148.1 and Exhibit 148:2, to determine the appropriate discount factors using tables Required: 1. Compute the net present value of Project X 2. Compute the net present value of Project 3. Which project would you recommend the company accept? Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 The company's discount rate is 12% Click here to view Exhibit 14B-1 and Exhibit 14B-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. 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 van Required 2 >