Annual cash inflows from two competing investment opportunities are given below. Ea investment opportunity will require the same initial investment. Year 1 Year 2 Year 3 Year 4 Investment Investment ? $ 2,000 $ 5,000 3,000 4,000 4,000 3,000 5,000 2.000 Total $14,000 $14,000 Required: Compute the present value of the cash inflows for each investment using a 12% discount rate. (Round final answers to the nearest dollar amount.) Present Value of Cash Flows Investment X Investment Y