Labeau Products Ltd., of Perth, Australia, has $49,000 to invest. The company is trying to decide between two alternative uses for the funds, as follows: Investment Options Project x Project Y Initial Investment $ 49,000 $ 49,000 Annual cash inflows 16,000 Single cash inflow at the end of 18 years 200,000 Life of the project 10 years 10 years Labeau's discount rate for both projects is 16%. (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