LAURIER uiz Tools g Enabled: MH Lab 4: Capital Budgeting i Saved 100% Labeau Products Ltd., of Perth, Australia, has $44,000 to invest. The company is trying to decide between two alternative uses for the funds, as follows: KE Investment Options ollapse Project X Project Y Initial Investment $ 44, 000 $ 44, 000 13, 500 01:28:54 Annual cash inflows Single cash inflow at the end of 10 years 195 , 000 Life of the project 10 years 10 years Labeau's discount rate for both projects is 18%. (Ignore income taxes.) eBook 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 O Project Y Gra Hill