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Labeau Products, Ltd, of Perth, Australia, has $35,000 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 $35,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: est Investment required s 35,000 $ 35,000 Annual cash inflows Single cash inflow at the end of 6 years Life of the project 12,000 s 90,000 6 years 6 years The company's discount rate is 18% Click here to view Exhibit 128-1 and Exhibit 128-2 to determine the appropriate di 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 3 Required 2 Required 1 Compute the net present value of Project x. (Round your final answer to the nearest whole dollar amount.) Net

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