Labeau Products, Limited, of Perth, Australia, has $35,000 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 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? Required 1 Required 2 Invest in Project X $ 35,000 $ 12,000 Complete this question by entering your answers in the tabs below. Required 3 6 years The company's discount rate is 18%. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. < Required 1 Invest in Project Y $ 35,000 $ 90,000 6 years Compute the net present value of Project X. (Round your final answer to the nearest whole dollar amount.)