You are a financial analyst for the Omani Company. The director of capital budgeting has asked you to analyze two Projects X and Y. Each project has a cost of OMR 10,000. The projects expected net cash flows are as follows:

a.Calculate each projects net present value (NPV) if you know their cost of capital is 8%. And then determine which project should be accepted.

year	X	Y
1	6000	4000
2	4000	4000
3	(3000)	4000
4	1000	4000