Capital Rationing Decision for ABC Corp

ABC Corp is currently evaluating two mutually exclusive projects, Project X and Project Y. Due to limited capital resources, the company can only undertake one of these projects. Project X requires an initial investment of $100,000 and is expected to generate cash inflows of $30,000 annually for 5 years. Project Y requires an initial investment of $80,000 and is expected to generate cash inflows of $25,000 annually for 5 years. Given ABC Corp's limited capital, it seeks to maximize total cash inflows over the project lifespan. Which project should ABC Corp choose if it is applying the principle of capital rationing?