Check my work Exercise 13-14 Comparison of Projects Using Net Present Value (LO13-2) Labeau Products, Ltd. of Perth, Australia, nas $26,000 to invest. The company is trying to decide between two alternative uses for the funds as follows Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project Invest in Invest in Project X Project 5 26,000 $ 26,000 $5,000 $ 50,000 6 years 6 years The company's discount rate is 12% Click here to view Exhibit 138.1 and Exhibit 138-2. 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. 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. 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.) Nel present value * Required Required 2 > Next 13 of 14