Exercise 12-14 Comparison of Projects Using Net Present Value (L012-2] Labeau Products, Ltd. of Perth, Australia, has $35,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest in Invest in Project X Project Investment required $ 35,000 $ 35,000 Annual cash inflows $ 12,eee Single cash inflow at the end of 6 years $ 90,000 Life of the project 6 years 6 years The company's discount rate is 18% Click here to view Exhibit 128-1 and Exhibit 128.2. 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 fecommend 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. (Round your final answer to the nearest whole dollar amount.) Not present value Required: 1. Compute the net present value of Project X 2. Compute the net present value of Project Y 3. Which project would you fecommend 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 Y. (Negative amount should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net prosent value Required: 1. Compute the net present value of Project X 2. Compute the net present value of Project Y. 3. Which project would you fecommend the company accept? 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? Project X Project Y