TB MC Qu, 08-116 (Ignore income taxes in this problem.) The Sawyer Corporation lgnore income taxes in this problem) The Swyer Corporation has $10,000 to invest and is considering two different projects, X and Y. The following datn are nvailable on the projects: Click here to view Exhibit 88-1 and Exhibit 88.2 to determine the appropriate discount factorts) using tables Cost of equipment needed Working capital requirement Annual cash operating inflows Salvage value in 5 years now smapoo $m0,000 $27000 $22000 $6,000 Both projects will have a useful life of 5 years; at the end of 5 years, the working capital will be releesed for use elsewhere.Sawyer's discount rabe is 8% The net present value of project X is closest to O $1,495 ($7,288) $863 O $1,897 References Multiple Choice Difficulty 2 Medium