Task 1: The firm is evaluating two proposed capital investments, Project X and Project Y. Each project has an initial capital expenditure of 10,000, and the cost of capital is 12%. The projects' expected net cash flows are as follows: Year 0 1 2 3 4 Expected net cash flows, EUR Project X Project Y -10,000 -10,000 6,500 2,500 4,000 3,500 3,000 3,500 1,000 3,500 Using the NPV criterion, determine which project(s) should be accepted if they are independent