Staten Corporation is considering two mutually exclusive projects. Both require an initial outlay of $150,000 and will operate for five years. The cash flows associated with these projects are as follows: Year Project X 1 $47,000 Project Y $0 2 47,000 0 3 47,000 4. 47,000 5 47,000 $235,000 Total 280,000 $280,000 Staten's required rate of return is 10%. Using the Present Value of $3 at Compound Interest and Present Value of Ordinary Annuity, which of the following actions would you recommend to Staten? Ca. Accept Project X and reject Project Y Ob. Accept Project Y and reject Project X Oc Accept Projects X and Y d. Reject Projects X and Y