Check my work 2 Exercise 12-14 Comparison of Projects Using Net Present Value [LO12-2] 0.9 points Labeau Products, Ltd., of Perth, Australia, has $26,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest Invest Project Project $ 26,000 26,000 in in eBook Print References Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project $ 8,000 50,000 6 years 6 years The company's discount rate is 12%. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project X. 2. Compute the net present value of Project Y 3. Which project would you recommend the company accept? Complete this question by entering your answers in the tabs below