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: (Ignore income taxes.) Invest in Project X Invest in Project Y Investment required $35,000 $35,000 Annual cash inflows $9,000 Single cash inflow at the end of 10 years $150,000 Life of the project 10 years 10 years The company's discount rate is 18%. (1) Determine the net present value. (Round your answer to the nearest dollar amount. Negative amount should be indicated by a minus sign. Omit the "$" sign in your response.) Net Present Value Project X $ Project Y $ (2) Which investment would you recommend that the company accept