Samuel's Corp. is considering two mutually exclusive projects. Both require an initial investment of $10,000 at t=0. Project X has an expected life of 2 years with after-tax cash inflows of $6,000 and $6,000 at the end of Years 1 and 2, respectively with an NPV of $699.59. 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