Labeau Products Ltd. of Perth, Australia, has $38,000 to invest The company is trying to decide between two alternative uses for the funds, as follows Investment Options Project x Project Y $ 38,000 $ 38,000 10,500 165,000 Initial Investment Annual cash inflows Single cash inflow at the end of 10 years Life of the project 0 10 years 10 year's Labeau's discount rate for both projects is 18%. (Ignore income taxes.) Click here to view Exhibit 10-1 and Exhibit 10 2. to determine the appropriate discount factor(s) using tables Required: Determine the net present value. (Negative amounts should be indicated with a minus sign. Round discount factor(s) to 3 decimal places.) Net Present Value Project X Project Y Which alternative would you recommend that the company accept? Project X Project Y