Exercise 7-14 (Algo) Comparison of Projects Using Net Present Value [LO7-2] Labeau Products, Limited, of Perth, Australia, has $25,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest in Project X Invest in Project Y Investment required % 25,000 25,000 Annual cash inflows 8,000 Single cash inflow at the end of & years 60,000 Life of the project 6 years 6 years The company's discount rate is 18%. Click here to view Exhibit /B-1and Exhibit 7B-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 . 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. Note: Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amouni Required2 > 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. Note: Negative amounts should be indicated by a minus sign. Round your final answer to the neares 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? { Required 2