Check my work 9 Exercise 13-14 Comparison of Projects Using Net Present Value [L013-2] 0.76 points Labeau Products, Ltd., of Perth, Australia, has $17,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest Invest Project Project $17,000 $17,000 $ 40,000 in in eBook Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project $ 6,000 Print 6 years 6 years References The company's discount rate is 17%. Click here to view Exhibit 138-1 and Exhibit 13B-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 ProjectY 3. Which project would you recommend the company accept? Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Compute the net present value of Project X. (Negative amounts should be indicated by a to the nearest whole dollar amount.) Required 1 Required 2> Complete this question by entering your answers in the tabs below. Required 1Required 2Required 3 Compute the net present value of Project Y. (Negative amounts should be indicated by a to the nearest whole dollar amount.) Net present value Required 1 Required 3> Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which project would you recommend the company accept? OProject X OProject Y Required 2 Required 3