Samuel's Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,000 att 0. Project X has an expected life of 2 years with after-tax cash inflows of $6,000 and $8,000 at the end of Years 1 and 2, respectively with an NPV of $2,414.27. Project Y has an expected life of 4 years with after-tax cash inflows of $4.000 at the end of each of the next 4 years and with an NPV of $3,248.51. Each project has a WACC of 8%. Use the replacement chain approach to determine the NPV of the most profitable project. a. $5,456 O b. $5,120 c. $5,897 d. $4484 e $4.734