Labeau Products, Ltd., of Perth, Australia, has $29,000 to invest. The company is trying to decide between two alternative uses for the funds as follows:

2 Exercise 13-14 Comparison of Projects Using Net Present Value [LO13-2] Labeau Products Ltd. of Perth, Australia, has $29,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: 5 eBook Investment required Annual cash inflows Single cash inflow at the end of 6 years Cife of the project Invest in Invest in Project X Project Y $ 29,000 $ 29,000 $ 8.000 $ 60,000 6 years 6 years The company's discount rate is 15% rences Click here to view Exhibit 138.1 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: 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 Nared Required 2 > Apps DIALER Login ADP World TRANSTAR Nations Lending Se. Ellie Mae Encomp. Home - SiteXPro WF TMUBMUSD10YU.. insellerate - Login 2 Zillow Real Estate, Ch. 13: Homework Saved 2 Exercise 13-14 Comparison of Projects Using Net Present Value (LO13-2] 2 points Labeau Products Ltd. of Perth, Australia, has $29,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Book 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 $ 29,000 $ 29,000 $3,000 $ 60,000 6 years 6 years P The company's discount rate is 15% Click here to view Exhibit 38.1 and Exhibit 138.2. 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 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 thene present value of Project (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount)